How to convert intraday order to delivery order?

Feature Requests ✋
1

I realized that Dhan uses different terminology for order type.

It calls intraday order as trading
And calls delivery order as investment.

This terminology is confusing. I would suggest that you use standard terminology. i.e. intraday and delivery. Both standard names are intuitive. You dont have to think twice, what means what.

So coming to my question, yesterday I had placed an AMO order. And it went as intraday.

I immediately cancelled that order. And placed investment (delivery) order. So all was good.

But my question is, in future let us say my order (which was set as intraday by mistake) gets executed.

Then is there a way I can convert same order to delivery making sure that it is not squared off automatically?

Thank you

1 Like
2

Hi @amish We are using simpler terminologies as much as possible. To convert order between Intraday and Delivery, simply tap on the same in positions and you will find option to convert same between Intraday and Delivery.

We have also introduced colors for these order types to make it appear distinct in order books / positions.

3

I dont know about the colors and how colors help recognize but I think the colors should be used on order page too.

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Additionally on order page can you mention like this
Trading
(Intraday) ← small fonts

Investment
(Delivery) ← small fonts

So atleast it will make things easy. Because I always get confused with your terminology

Or Instant Buy can show the same.

Instant Buy (Intraday)
Instant Buy (Delivery)

Thank you

4

I again request above feature about using Intraday (instead of Trading) and Delivery (instead of Investment) because yesterday also when placing order on Dhan. I got confused.

I placed order for about 5L and today morning NSE sent SMS stating that traded value was about 10L.

I got scared that if instead of Delivery order I placed Intraday order and then there was automatic square off. And might have faced loss.

I immediately opened contract note but luckily contract note showed Delivery order.

But I again request that please use standard words used in market or atleast put them in brackets as I showed above.

Also any idea why NSE sent me SMS saying that traded value is 10L

Thank you.

5

Hi @amish

We have your feedback with us, we will surely explore the possibility of implementing this.

6

Now I received email from NSE with subject “Trades executed at NSE”

Email shows same trade twice with same Trade no, same quantity, same price, same total value, same trade time.

Probably thats the reason SMS shows traded value as 10L instead of 5L.

I dont know if this is bug at NSE but this should not have happened.