Not able to place limit order using python client.

confused_investor

kite.place_order(
    variety=kite.VARIETY_REGULAR,
    exchange=kite.EXCHANGE_NSE,
    tradingsymbol='ONGC',
    transaction_type=kite.TRANSACTION_TYPE_BUY,
    quantity=1,
    product=kite.PRODUCT_MIS,
    order_type=kite.ORDER_TYPE_LIMIT,
    price=126,
    validity=kite.VALIDITY_DAY
)

where kite = KiteConnect(api_key)
This is the code I am using to place a LIMIT order but instead a MARKET order is getting placed. What is the issue here?

sujith

Are you giving price below or above ltp?

sujith

Can you give orderbook response here?

confused_investor

> Are you giving price below or above ltp?
Above ltp. ltp at that time was hovering around 125.4

> Can you give orderbook response here?
Where do I find it?

confused_investor

I tried placing the order again and if the limit price is below ltp then the order is not getting executed automatically. Otherwise it is getting placed immediately (as a market order I guess?).

sujith

That is how it is supposed to work. You can check out this article to know more about LIMIT order.

confused_investor

Didn't know this. Thanks.