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 can automatically close eligible overnight F&O positions if your defined Stop-loss or Target condition is triggered during market hours.

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

However, Smart Exit does not apply to:

  • Equity Delivery/CNC 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, as long as it remains active.
  • 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 your positions remain open.

You do not need to activate Smart Exit again the next day if it is already active.

Important to know

  • Smart Exit monitors overall account-level P&L, not individual positions.
  • It remains active across trading days unless you manually deactivate it.
  • Only one Smart Exit condition can be active at a time.
  • Equity Delivery/CNC and MTF positions are excluded from Smart Exit.

What if…

ScenarioOutcome
I hold overnight F&O positionsEligible positions can be exited automatically if your Smart Exit condition is triggered during market hours.
I hold Equity Delivery/CNC positionsThese positions are excluded and remain unaffected by Smart Exit.
I hold MTF positionsMTF positions are excluded from Smart Exit.
I choose Alert Only modeYou receive a notification when the condition is triggered, but your positions are not closed automatically.
I deactivate Smart ExitMonitoring stops immediately, including for overnight positions.

Last updated: 23 Jun 2026

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