Can I place VTT order in derivatives?

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.