The Good Till Triggered (GTT) OCO allows you to set both stop-loss and target triggers. When either trigger activates, the order is placed at the exchange, and the other trigger is cancelled. You can place a GTT OCO order by following these steps:
Kite app
- Tap on the instrument.
- Tap on Create GTT.
- Tap on OCO.
- Enter the Trigger price and Price for both the stop loss and target orders.
- Slide the CREATE GTT button.
Kite web
- Click on More.
- Click on Create GTT.
- Click on OCO.
- Enter the Trigger price and Price for both the stop loss and target orders.
- Click on Place.
Things to keep in mind
- You can use only NRML order types in GTT OCO for index futures and options.
- You can place buy GTT OCO only in F&O contracts.
- You will receive an email notification whenever your GTT triggers and an order is placed on the exchange.
Visit
zerodha.com/tos/gtt
to know all the terms and conditions.