How does GTC order feature work?
GTC request works on instructions given by client to place buy and sell order in given scrips till the period of time selected for GTC orders, provided that execution of entire quantity has not taken place.
Buy Order Example
Current market price is = 250
Scrip Name = ABC
Quantity = 100
If you wanted to buy this scrip at 200 Rs. in the next 200 days, you can place a GTC order with buying price = 200, Quantity = 100 and select your Close date (i.e. 200 days from today's date).
Sell Order Example
Current market price is = 250
Scrip Name = ABC
Quantity = 100
If you wanted to sell this scrip at 300 Rs. in next 200 days, you can place a GTC order with selling price = 300, Quantity = 100 and select your Close date (i.e. 200 days from today's date).
What is a Buyback/Takeover/Delisting?
My order is getting rejected with the following error – ‘Order price is outside the trade execution range. Try placing the order again
My order is getting rejected with the following error – ‘The order was rejected to avoid self trade. Try placing the order again’.
Why was the stop loss executed even though the price did not breach the trigger?