In the below example, the current price of Infy is 785.75 we are placing a trigger of 701 which if it is met on the exchange, a CNC order to buy Infy at 700 will be placed on the exchange. With a GTT buy order, when the trigger price is hit, a buy order with limit price mentioned is placed on the exchange. Here are a few Illustrations on how the GTT feature can be used:īuy GTT: Buy GTT is used for creating triggers to buy stocks for delivery. This can be used to set targets and stop-losses for your holdings. When either of the triggers is hit, the order is placed at the exchange and the other trigger is canceled. OCO (One Cancels the Other) trigger - You can place an OCO trigger where you can set a stop-loss and target trigger. The single trigger can be used to enter into new positions or exit existing positions. Single trigger - You can place a single trigger where the order is placed at the exchange when the trigger price matches or breaches the LTP. This trigger set is valid only once, so if the order is placed and not executed for any reason, the GTT has to be placed again. This trigger will be valid for 1 year, so anytime the price condition within this period is met, your order will be placed and executed, provided there are enough funds in the trading account, and your limit price order is filled on the exchange. The Good till triggered (GTT) feature works like an order that is active until the trigger condition is met. SL-M if a market order to be sent when trigger is hit.įor guaranteed execution, always use SL-M. SL if limit order to be sent when trigger is hit. Trigger if using this type of order to enter a fresh buy above the current market price or sell below the current market price when the trigger price is hit. Stoploss if placing a predetermined loss booking order at a trigger price. Place an order to be bought or sold at the best available price. Place buy or sell order at a predetermined price Market (MKT) order ¶ To know margin requirements use our SPAN calculator. Upto 10 times intraday leverage for equityįor intraday/overnight F&O trades without additional leverageĮxchange stipulated margins, positions taken as NRML can be held until expiry, provided required margins maintained.Īll queries on margin answered on this blogpost.All MIS positions auto-squared off 10 to 15 minutes before close of markets or when losses exceed 50% of margin (Auto-square off rule can vary based on market conditions). Trade using MIS for additional leverage/margin. To sell stocks as CNC, stocks need to be available in holdings. To buy stocks for CNC or for delivery 100% money required. ![]() Kite will remember the position the next time you place an order. To reposition the order window, just click on it and drag it wherever you want. Hover over the scrip on the watchlist to initiate a Buy/Sell order window.
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