Will Smart Exit Close Overnight Positions Automatically When either of the Conditions Are Hit?
Yes, Smart Exit will automatically close overnight positions when either the Book Profit or Max Loss condition is triggered. This applies to all eligible positions in your portfolio, including positions held under the Margin Trading Facility (MTF).
Important: Equity Delivery positions are excluded from Smart Exit and will never be closed automatically.
To know how to set up Smart Exit, refer to this article.
What If...
| Scenario | What Happens |
|---|
| I hold overnight F&O positions | They will be exited if your Smart Exit condition is triggered. |
| I hold MTF positions | They are included in Smart Exit and will be exited if conditions are hit. |
| I hold Equity Delivery positions | They are excluded from Smart Exit and remain unaffected. |
| I have not set Smart Exit | No automatic exit will occur; you must manage your positions manually. |
Last updated: 17 Sep 2025
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