Market versus limit

The idea

A market order prioritises execution at available prices. A limit order constrains price, but it may not fill.

Try the scenario

You only want to buy a fictional share at ₹250 or below.

Check your understanding

Which order expresses that price ceiling?

• Any market buy
• A buy limit at ₹250
• A stop-loss sell

Think through the example before checking your answer in the game. Verified player accounts can save lesson mastery and earn knowledge XP.