Why is my Target adjusted to the LPP limit?

Why is my Target adjusted to the LPP limit?

If you enter a Target value beyond the Limit Price Protection (LPP) range, the system automatically adjusts the Target to the allowed LPP limit. This helps prevent the order from being placed at an unintended or exchange-rejected price.

Earlier, this was explained using BO/CO order formats. Since BO/CO have now been replaced with Smart Stop-loss and Target fields in the order window, the same logic applies to the Target value entered while placing the order.

Example

  • You place a buy order at ₹500.
  • You enter a Stop-loss at ₹490 and a Target at ₹600.
  • If the LPP limit for that stock is ₹550, the Target will be automatically adjusted to ₹550.

This adjustment happens because orders placed beyond the LPP range may be rejected. To avoid such rejection, the system modifies the Target to the allowed LPP level and helps the order placement continue smoothly.

Note: Once the price moves in your favour, you can modify the Target again because the applicable LPP range may change based on the latest market price.

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