Why should one use VTT order type?
When you want to buy or sell a scrip based on a price trigger in future. Also, with this you can fix the stop loss and target prices at the same time of placing the entry order in a scrip. This makes life simpler as you don't have to track or place orders everyday in scrips that are in your interested in.
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 ...
Can I place a VTT order for intraday?
No, you cannot place intraday VTT orders, instead use Cover and Bracket order for the same.
How to place VTT order?
In order to place a VTT order; you have to click on advance buy option on the order placement tray. Then as per requirement enter the entry leg trigger price followed by limit/market order to place once the trigger is hit. Also, optionally you can ...
What is the validity of VTT order?
Your VTT order is valid for 1 year from the date of placement.
Can I delete a VTT order?
You can always delete a VTT order until none of the trigger orders legs gets triggered. It is the 2nd option next to "modify" on every VTT order in your VTT orderbook.