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Why can't AMO orders be placed beyond today's circuit limits?

AMO orders cannot be placed beyond circuit limits because the exchange does not allow any order above or below the circuit limit. The circuit limit represents the maximum and minimum levels that a stock can reach, regardless of its volatility.

As a result, not only AMO orders but any orders placed above or below the circuit limit will be rejected by the exchange. 

To place AMO orders based on the next day's circuit limits for a stock, you can do so after 6 pm on Cubeplus App.

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