Your Good Till Triggered (GTT) orders may be disabled, cancelled, expired, or rejected for the following reasons reasons.
Disabled
- If the GTT is placed less than 0.25% from the LTP after validation.
- If the shares undergo a corporate action like a bonus or a stock split.
Cancelled or Rejected
- If the shares get delisted or suspended.
- If the shares undergo a category or series change. To learn more, see What do the different groups on NSE and BSE mean?
- If the shares undergo corporate action like extra ordinary dividends, i.e. dividends above 2%, rights issue, consolidation, spin-off, and reduction in capital.
Expired
- If the derivative contract has expired, the contract is no longer valid.
- For equity, the GTT is valid for a year. If it fails to trigger, it expires.
You must place a fresh GTT order if your GTT has been disabled or expired.
Visit zerodha.com/tos/gtt to know all the terms and conditions.