A GTT (Good Till Triggered) order is an advanced order type that allows traders to set predefined conditions for buying or selling stocks. The order remains inactive until the specified conditions are met. Once the stock price reaches the set trigger level, the order is sent to the exchange for execution. This helps investors avoid the need to monitor stock prices constantly and execute trades automatically when their desired price levels are reached.
How to place a GTT order on Lakshmishree (Shree Varahi):
- Log in to your Lakshmishree trading account via the Shree Varahi app or web platform.
- Select The Stock you want to place a GTT order for.
- Choose 'Create GTT' below the price.
- Set The Trigger Price And Order Price based on your trading strategy.
- Confirm And Place The Order—it will remain active until the trigger condition is met.
GTT orders are useful for long-term investors who wish to automate their trades without the need to check prices frequently.