Is an order convertible from LIMIT to MARKET? Or do I have to cancel the limit order and make a new market order of the same quantity? Kite seems to do it in an automated way but the documentation does not say that the order_type is modifiable. https://kite.trade/docs/connect/v1/#modifying-orders
Yes, You can convert a LIMIT Order to MARKET Order
Below possible conversion
LIMIT --> MARKET
SL-M --> LIMIT
SL-M --> MARKET
SL --> LIMIT
SL --> MARKET
Below is not allowed.
LIMIT --> SL-M
LIMIT --> SL