place at LC for better exit......................

 AMO, or After Market Order, in the context of the NSE (National Stock Exchange of India), refers to the ability to place buy or sell orders for stocks outside of regular trading hours. These orders are then queued and executed when the market opens the next trading day. This feature is particularly useful for investors who may not be able to actively trade during market hours due to various commitments. 

Key aspects of AMO on NSE:

• Placing Orders:

  You can place AMO orders after the market closes for the day, typically between 4:00 PM and 9:00 AM the following day. 
• Order Types:

  AMOs are generally allowed for all product types, including CNC (Cash and Carry), MIS (Margin Intraday Square-off), and NRML (Normal/Delivery). However, some specific order types like Iceberg and Cover Orders may not be supported. 
• Execution:

  AMOs are queued and executed when the market opens the next trading day, subject to prevailing market conditions. 
• Cancellation/Modification:

  AMOs can be cancelled or modified up to the pre-market opening time on the next trading day. 
• Benefits:

  AMO provides flexibility for investors who cannot actively trade during market hours and allows them to react to overnight news or price movements.