To place the GTT order, Follow these steps/video :
Step 1: Select the Stock Go to the watchlist and select the stock for which you want to place a GTT order.
Step 2: Click on "Create GTT" After selecting the stock, click on "CREATE GTT" to initiate the GTT order placement.
Step 3: Choose "Sell" or "Buy"
You can choose whether you want to place a buy or sell GTT order. In this example, we are placing a Sell GTT order.
Quantity: Enter the number of shares.
Trigger Price: Set the price at which you want the order to be activated.
Once all details are entered, click on "Review GTT Order".
Step 4: Confirm Order Placement Review your order details and confirm the placement. The system will notify you once the order is successfully placed.
Question 1. Can I modify or cancel a GTT order? Ans: Yes, you can
modify or cancel a GTT order from the Order Book before it gets triggered.
Question 2. What happens if the stock never reaches my trigger price? Ans: If the stock does not reach your set trigger price, the
order remains pending until it is triggered or expires.
Question 3. How long is a GTT order valid? Ans: A GTT order is typically valid for 365 days or until it is
triggered or canceled manually.