What is an AMO Order?

An AMO (After Market Order) is a type of order available in your brokers platform that allows investors to place buy or sell orders outside of regular trading hours. This feature is especially useful for those who are unable to monitor the markets during normal hours or wish to plan their trades in advance. 

AMO orders can be placed after the market closes and before it opens the next day. Once the market opens, the AMO orders are sent to the exchange for execution. The execution of an AMO order depends on price availability and liquidity. It's a convenient tool for managing trades based on after-hours news or analysis.

The order types allowed for AMO are:

1. Limit Order:  You set the price at which you want to buy or sell.

2. Market Order: The order executes at the opening market price.
   
   

3. Stop-Loss Order (SL / SL-M) 
   
   

• SL (Stop Loss - Limit): You place a trigger price and a limit price.
  
  

• SL-M (Stop Loss - Market): You place only a trigger price, and it becomes a market order once triggered.

After Market Order Timings:

AMO orders have specific time slots depending on the trading segment:

Using AMO is a great way to plan your trades in advance, ensuring you never miss an opportunity due to time constraints.