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What happens if GTT is triggered in Zerodha?
If a GTT is triggered for an option contract that isn’t allowed for trading by Zerodha, the order may be rejected. The onus of checking for a pending GTT for a scrip before placing any new order(s) for the same scrip from the order window, positions page, or via call and trade.
Can I cancel GTT order in Zerodha After triggered?
The GTT orders in Zerodha can be canceled any time before they get executed. You can cancel the order once the trigger gets hit. If you want to cancel the order before the trigger condition gets hit, you have an option to delete the trade.
Why GTT order is triggered but not executed?
Limit buy orders above the trigger price are more likely to execute and Limit sell orders below the trigger price are more likely to execute. In case a limit order is outside the circuit price , it is rejected and will not execute. GTT is completely free and there are no additional charges for using it.
How do you cancel GTT after it is triggered?
Once the trigger condition gets hit, the status of such GTT order under GTT tab gets updated to ‘Triggered’ and moves to the Pending order tab. To cancel these triggered orders, go to the Pending order window and select the desired order. Click on Cancel to cancel the desired order.
Why is GTT rejected?
Common scenarios when a GTT order gets rejected or canceled: Insufficient or No margins in the account. Insufficient or No holdings in the Demat account. T-PIN not authorized.
Is GTT available in Angel Broking?
The Good Till Trigger feature of the Angel One mobile app and web platform, allows you to trade and invest at your own pace. Pick your entry and exit positions, place GTT orders, and let our smooth and automated processes take care of the rest.
What does triggered mean in Zerodha?
Trigger price is the price at which your buy or sell order becomes active for execution at the exchange servers. Once the stock price hits Rs 206/-, your order will become active, i.e. your order will be triggered, and a limit order of Rs 208/- will be sent to the exchange.