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GTT (Good Till Triggered) orders are a popular way to automate your trades, letting you set a trigger price and walk away. But sometimes, these orders don’t go through as expected. Understanding why can help you avoid missed opportunities and frustration.

1. Trigger Price outside Permissible Range

If your trigger price is set beyond the stock’s circuit limits for the day, your GTT order will be rejected.
Example: You place a GTT buy order at ₹1,000, but the stock’s lower circuit is ₹1,020. Since your price is out of range, the system rejects the order.

2. Low Trading Volume

If there aren’t enough buyers or sellers at your trigger price, your order may remain pending and eventually expire.
Example: You place a sell GTT order for a small-cap stock at ₹500, but no buyers are available at that price. The order stays unexecuted until it lapses.

3. Trigger Condition Not Met

A GTT order only executes if the market price hits your trigger price within the order’s validity period. If the price never reaches your trigger, the order is canceled or expires.
Example: You set a buy GTT order at ₹300, but the stock only falls to ₹305. Since your trigger wasn’t met, the order is canceled.

4. Insufficient Shares or Funds

For a sell GTT order, you must have enough shares in your Demat Account. For a buy order, you need sufficient funds. If not, the order will be rejected.

5. Series Change or Suspension

If the stock undergoes a series change or is suspended from trading, any pending GTT orders will be rejected automatically.

6. Segment Disabled or Kill Switch Activated

If you’ve disabled a trading segment using a Kill Switch or similar feature, GTT orders in that segment will not be processed.

7. Time Validity Lapsed

GTT orders are valid for a set period (up to 90 days or one year, depending on the broker). If the trigger condition isn’t met within this period, the order expires automatically.

How to Avoid GTT Order Failures?

• Always set trigger prices within the day’s circuit limits.
• Ensure you have enough shares (for sell) or funds (for buy) in your account.
• Authorize holdings with CDSL TPIN if DDPI is not enabled.
• Avoid illiquid stocks with low trading volume.
• Double-check order details before confirming.
• Track your GTT order’s validity and modify if needed.

In summary:

GTT orders may get rejected, canceled, or not triggered due to circuit limits, low liquidity, insufficient holdings or funds, lack of authorization, or simply because the trigger price was never reached. By understanding these reasons and planning your trades carefully, you can make the most of GTT automation and avoid common pitfalls.

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