n NISM Certifications
VII NISM Series VII
Medium

Limit orders involve setting the _________.

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Entry or exit price

    Correct answer

  2. B

    Trigger price

  3. C

    Market price

  4. D

    None of the above

Why this is the answer

Limit orders specify the price at which the investor wants to buy or sell a security.

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