Types of Order
Terms & conditions to use ‘VTT order'
VTT feature ‘VTT (“Valid TillTrigger”) order type’ is a feature which allows a Client to place an order whena price hits a threshold (particular price) set by the Client. Also, users canset a stop loss and target for such orders. Only Delivery ...
How long my VTT order is valid in the system?
VTT (Valid Till Triggered) orders are valid for 365 days from the time you first place the VTT order. Please note that even if you change any of the three legs, the time will still be counted from the original placement time.
Can I place a VTT order for intraday?
No, VTT (Valid Till Triggered) orders are not suitable for intraday trading as they are designed to be valid for up to 365 days. Intraday orders are meant to be executed and settled within the same trading day. In contrast, VTT orders can remain open ...
Can I modify legs (SL and Target) of VTT order which was triggered?
· No, you cannot modify the stop loss (SL) and target legs of a VTT (Valid Till Triggered) order once it has been triggered. Once the initial leg of the VTT order is executed, the stop loss and target legs are set and cannot be changed.
How to Check status of VTT Order? Can I modify and cancel the VTT order?
You can check the status of your VTT order either through our website or our mobile application. Through Website: Path: Log In: Visit www.5paisa.com. Enter your login credentials to access your account. Navigate to VTT Orders: Click on the context ...
What is the margin/fund requirement for placing a VTT?
You don’t need to maintain any cash or margins in your account to create a VTT Order. The system only checks for margins when the VTT is triggered. Explanation: Initial Requirement: No cash or margin is required to create a VTT order. Trigger ...
How do I place sell VTT order with Stop loss and target?
Sell VTT is used to exit current stock holdings or short selling the futures and options contracts. Consider the example in the image below: Let’s assume you are trying to sell an INFY contract as per your bearish view on INFY, thinking that within a ...
How do I place sell VTT order?
Sell VTT (Valid Till Triggered) is used to exit current stock holdings or to sell Futures and Options (FNO) contracts. Consider the following example: You want to sell Infosys Limited, which is currently trading at 1591.80, at 1680. Here’s how to ...
How do I place Buy VTT order with Stop loss and target?
Buy VTT with Stop-Loss and Target on 5Paisa: Allowed in equity and FNO segment (Delivery Trade) Consider the following example: You want to buy 1 quantity of Reliance Industries Ltd, which is currently trading at 2314.20, at 2250. You want to set the ...
How do I place Buy VTT order?
VTT Buy Order: This type of order is utilised to set up triggers for buying stocks intended for delivery. Once the trigger price is reached, a buy order is automatically executed at the specified limit price on the exchange. This order is applicable ...
Can I place VTT order in derivatives?
Yes, you can place a VTT (Valid Till Triggered) order in derivatives, but only in equity derivatives. Steps to Place a VTT Order in Derivatives on 5Paisa Mobile Application: Step 1: Login and Select the Derivative Contract Login to Your 5Paisa ...
How to place a VTT order?
5Paisa customers can place a VTT (Validity Till Time) order in the equity cash segment, which remains active for up to 365 days. VTT orders cannot be placed for equity intraday trading. Steps to Place a VTT Order: Log In: Access the 5Paisa mobile ...
How to place VTT order from 5paisa mobile application?
Follow these steps to place a VTT (Valid Till Triggered) order from the 5Paisa mobile application: Step 1: Login and Select the Stock Login to Your 5Paisa Account: Open the 5Paisa mobile app and log in with your credentials. Search or Add to ...
What is the new VTT order type?
The new VTT (Valid Till Triggered) order type allows you to place three legs of an order simultaneously: · Price at which you want to buy: Set the price at which you wish to buy. · Stop Loss: Define the stop loss price to limit potential losses. · ...
What is the new VTT order type?
VTT stands for Valid Till Triggered orders. It allows you to set a trigger price, whenever your trigger price is hit on same day or at a future date, a (limit/market) order will be placed on the exchange as per the limit price set by you. These ...
How to convert your position?
After placing a trade, you have the option to convert your position between Delivery and Intraday types. Here's how you can manage these conversions: 1. Delivery to Intraday Conversion Objective: Change a position held for delivery (beyond the ...
What is TPIN? How do I get it for selling shares?
What is TPIN? The TPIN is a 6-digit pin that is sent to your registered mobile and email. In case you have an existing account, you would have received a Pin already on your registered Email ID and Mobile Number with 5paisa. For new accounts, the PIN ...
What is Square off Process?
The square-off process involves closing out open trading positions to manage risk and ensure compliance with trading rules. Here are the scenarios in which the risk team might initiate a square-off: 1. T+6 Debit Square Off (Daily at 3:15 PM) ...
What is Intraday and Delivery Trading?
Intraday Trading and Delivery Trading are two distinct trading strategies for stock market participants. Here’s a detailed explanation of each: Intraday Trading Definition: Intraday trading involves buying and selling stocks on the same day. The ...
What is stop loss order and how to place it?
A Stop Loss Order is a tool to limit potential losses on a trade by automatically triggering a sale or purchase once a specified price is reached. This helps manage risk without the constant monitoring of the market. Key Terms: Trigger Price: The ...
What are the stock market timings of all the segments?
Trading on the equities segment takes place on all days of the week (except Saturdays and Sundays and holidays declared by the Exchange in advance). The market timings of the equities segment are: 1. Pre-open session: Order entry & modification ...
What are bracket, cover and makret order and how to place the order for the same?
1. Bracket Order Definition: A Bracket Order allows you to take an intraday position with additional exposure while being protected by a stop-loss order and a profit target. It involves three components: an entry order, a profit-taking order, and a ...
What are different types of order and its validity
1. Limit Order Definition: An order to buy or sell a security at a specified price or better. Validity: The order remains pending until it is matched with a corresponding order or cancelled. Example: If you want to buy 100 shares of ABC Inc. at ₹50, ...