The price mentioned in the Good Till Triggered (GTT) email may differ from your GTT trigger price because the instrument's price may have skipped the trigger price due to high market volatility.
Example scenario
- The closing price of a share is ₹100 on Monday and opens gap down at ₹90 on Tuesday.
- You place a sell GTT trigger at ₹95 with a limit price of ₹93 on Monday.
- The exchange triggers the order and places it at the limit price of ₹93.
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Since the share has opened with a gap down at ₹90, the actual trigger is the same price and is displayed in the email.
During volatility, the price may be higher or lower than the trigger price. The price captured on GTT is displayed in the email and on the GTT info window.
Visit zerodha.com/tos/gtt to know all the terms and conditions.