Will Smart Exit close overnight positions automatically when either of the conditions are hit?

Will Smart Exit Close Overnight Positions Automatically When either of the Conditions Are Hit?

Yes, Smart Exit will automatically close eligible overnight F&O positions if your defined Stop-loss or Target condition is triggered.

Smart Exit works at the account level and monitors your overall P&L across all covered positions, including overnight F&O positions.

However, it does not apply to:

  • Equity Delivery positions
  • MTF (Margin Trading Facility) positions

How It Works for Overnight Positions

If you have open F&O positions carried forward:

  • Smart Exit continues monitoring them across trading days.
  • If the defined Stop-loss or Target is reached during market hours, the selected action is triggered.
  • In Exit mode, eligible positions are closed using a Market order with Protection (MPP).
  • In Alert Only mode, you receive a notification and positions remain open.

You do not need to activate Smart Exit again the next day as long as it remains active.

Important to Know

  • Smart Exit monitors overall account-level P&L, not individual positions.
  • It remains active across trading days unless manually deactivated or all covered positions are squared off.
  • Only one Smart Exit can be active at a time.
  • CNC and MTF positions are always excluded.

What If…

ScenarioSolution/Outcome
I hold overnight F&O positionsThey will be exited automatically if Smart Exit conditions are triggered.
I hold CNC (Delivery) positionsDelivery holdings are excluded and remain unaffected.
I hold MTF positionsMTF positions are excluded from Smart Exit.
I deactivate Smart ExitMonitoring stops immediately, including for overnight positions.
I close all covered positionsSmart Exit remains active unless manually deactivated.

Last updated: 26 Feb 2026

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