We are here to help you!

    Q. What are the types of GTT?

    1. Single-Leg GTT Order:

    One trigger price and one order price, either for buying or selling, are set by you.

    • Example (Buy):

    You want to buy Tata Steel if the price drops to ₹120.

    TypeTrigger PriceOrder Price
    Buy GTT₹120₹119.50

    When the stock hits ₹120, the system will place a buy order at ₹119.50.

    2. OCO GTT Order (One Cancels the Other):

    You establish a target and a stop-loss trigger price. The other is cancelled when one is struck.

    • Example:

    You bought HDFC Bank at ₹1500, and now you want to:

    • Sell at ₹1600 (profit target) or
    • Sell at ₹1450 (stop-loss)
    Order TypeTrigger PriceOrder Price
    Target Sell₹1600₹1599.50
    Stop-loss Sell₹1450₹1449.50

    If ₹1600 is reached, your target sell order is placed, and the stop-loss is cancelled (and vice versa).