Your Good Till Triggered (GTT) order triggers when the market price reaches your trigger price, but it may not execute for several reasons:
-
Price mismatch:
Your order's Last Traded Price (LTP) did not match the limit price you set. You can increase execution chances by:
- Setting your buy GTT limit price above the trigger price
- Setting your sell GTT limit price below the trigger price
- Missing pre-authorisation: If you have a non-POA/DDPI account, you must pre-authorise your GTT sell order by entering the CDSL TPIN.
- Insufficient funds: Your Zerodha account does not have enough balance to execute the order.
- No market volume: The instrument has no buyers or sellers available at your limit price.
- Price band violation: Your limit price exceeds the day's circuit limits.
If you cannot see your order in the order book, check the rejection reason in your email. Zerodha sends you both a push notification and an email whenever your GTT order gets rejected.