GTT (Good Till Triggered) orders on FYERS Trader allow you to automate entry or exit based on predefined price conditions. You can set single-trigger orders or dual conditions using OCO (One Cancels the Other) including advanced variations. Here's how it works:
You can place a GTT to enter a new position or to set a stop-loss or target for your holdings. Once the trigger price is hit, the order is placed automatically.
Example: To buy 1000 shares of HDFC Bank at ₹1600, set both the trigger and limit prices to ₹1600.
(The limit and trigger prices can also differ.)
This type places two conditional orders—one for stop-loss and one for target. Once either is triggered, the other is cancelled.
Example: If you hold HDFC Bank, set the target and trigger price to ₹1700, and the stop-loss to ₹1600.
This is an enhanced version of OCO where you can set different quantities for stop-loss and target legs.
Example: While selling HDFC Bank, set ₹1700 for target and ₹1600 for stop-loss, with different quantities for each leg.
(You can customise quantities independently for target and SL legs.)
For eligibility, validity, and execution logic of GTT orders, please refer to this detailed article.
Last updated: 28 Jun 2025