Why are the stock SIP orders not executed?
The stock SIP orders may not be executed due to the following reasons:
- The product type was selected as MIS or CO, and the order type as SL or SL-M: Select the product type as CNC and the order type as market or limit for the order to be executed. To know the different product and order types, see What are the different product types available on Zerodha? And What are the different order types available on Zerodha and how are they executed?
- If the order gets rejected: The order can be rejected due to insufficient margins, incorrect use of order type, stock not being available or blocked for trading, etc. To view the rejection reason, click on Order and then on SIP .
If the rejection reason is not visible on Kite, view the summary mail sent to the registered email id.
Did you know? The stock SIP feature can only be used for delivery trades in the cash market.