What is the Good Till Triggered (GTT) feature?
The Good Till Triggered (GTT) feature is an order that stays active until the trigger condition is met. The validity of the trigger is one year. A limit order is placed and executed if there are sufficient funds in the Zerodha account. A notification is sent to the registered email ID and mobile device every time a GTT is triggered and an order is placed on the exchange.
The trigger is valid only once. If the order is triggered and placed but not executed, the GTT order has to be placed again. To learn more about placing GTT orders, see How to use the Good Till Triggered (GTT) feature?
There are two types of GTT orders:
- Single Trigger
Only a single trigger can be set where the order is placed at the exchange when the trigger price matches or breaches the Last Traded Price (LTP). The single trigger can be used to enter new or exit positions.
One Cancels the Other (OCO) trigger
Both stop loss and target trigger can be set in an OCO trigger. When either of the triggers is hit, the order is placed at the exchange, and the other trigger is cancelled.
GTT is completely free, and it has no additional charges.
Did you know?
Sell GTT orders triggered on equity holdings need to be authorised using CDSL TPIN. To learn more, see
How to generate the CDSL TPIN required to authorise the CNC sell transactions?
This is not applicable if POA or DDPI is submitted. To learn more, see
What is Demat Debit and Pledge Instruction (DDPI)?
- GTT can be placed at any time of the day, but the orders will be triggered and placed only during market hours.
- Zerodha’s dealing desk does not support GTT. Clients have to place, cancel or modify GTT orders on their own.
- Order history for triggered GTT is visible only on the day it is triggered and will not reflect from the next day.
One account can have a maximum of 250 active GTTs simultaneously.
- GTTs for shares having corporate actions like a bonus, dividend, stock split, rights, amalgamation etc., having greater than 5% of market value are cancelled on the ex-date/record date. This ensures that the order is not triggered at a random price. The GTT order must be manually placed post the corporate action if necessary. See Why are GTTs disabled, cancelled, expired, or rejected?
- GTT is available only for CNC and NRML product types. It cannot be used for other product types.
- If a stock changes the category when there is a pending GTT order, it is cancelled. To learn more about categories, see What do the different groups on NSE and BSE mean?
- GTT order is triggered even if a stock opens a gap up or down, having breached the trigger price. For instance, if shares closed at ₹90 on Monday and opened a gap up at ₹110 on Tuesday, placing a buy GTT with the trigger of ₹100 and limit price of ₹102, the order is triggered and placed at a limit price of ₹102. If it is not executed by the EOD, it is cancelled like normal orders.
- Buy GTT OCO can only be placed in F&O contracts.
- Only NRML order types can be used in GTT OCO for index futures and options.
Visit zerodha.com/tos/gtt to know all the terms and conditions.