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 Account: Open the 5Paisa mobile app and log in with your credentials.
- Search or Add to Watchlist: Search for the derivative
contract or add it to your watchlist.
- Select the Derivative Contract: Click on the desired future or
option contract from your watchlist for which you want to place a VTT
order.
Step 2: Open the Order Window
- Click on the
Highlighted Symbol: Click on the highlighted symbol to open the order window.
Step 3: Place the VTT Order
- Click on VTT: Select the VTT option.
- Enter Order Details:
- Quantity: Enter the quantity you wish to
buy or sell (e.g., 25 for one lot).
- Trigger Price: Enter the price at which you
want the order to be triggered.
- Order Price: Set the limit price at which
you want to buy or sell once the trigger is hit.
- Add Stop Loss (Optional):
- Enable the stop loss option by toggling
the button to the right.
- Enter the stop loss trigger
price and stop loss price.
- Add Target Price (Optional):
- Enable the target price option
by toggling the button to the right.
- Enter the target trigger price
and target price.
- Review and Confirm:
- Review all the details you have
entered to ensure accuracy.
- Place the Order:
- Click on the "Buy
Confirm" or "Sell Confirm" button to place your VTT order.
Key
Points:
- VTT Order in
Derivatives: You can place buy/sell orders in the FNO segment by selecting the
desired future or option contract.
- Ensure Proper Order Type: Make sure to select the VTT
option in the order window.
By following these steps, you can effectively place a VTT
order in equity derivatives using the 5Paisa mobile application.
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