How to Place a GTT Order in Dhan?
A GTT (Good Till Triggered) order is a buy/sell order that can take place at the market or at a limit price for any stock. However, these orders get executed (or triggered) only when the market price of that particular stock reaches the price you have set. GTT orders are valid for 1 year. To place a GTT Order in Dhan, you need to follow some steps:
Steps to Place a GTT Order in Dhan
Steps | Description |
1 | Choose the Call or Put option |
2 | Click on Options Trading |
3 | Select any Index |
4 | Add Trigger Price |
5 | Add Order Details |
6 | Click on Instant |
How Can I Place a GTT Order on Dhan?
In Dhan, the GTT order is also known as a ‘Forever Order’. You can place a GTT order either in a single or double way (OCO). To place a single order, follow the below-given steps:
Single Order
To place a single order, follow the below-given steps:
Step 1: Visit the Dhan website and log in.
Step 2: Then click on options trading.
Step 3: Select any index that suits your investment plan.
Step 4: Choose either the put or call option.
Step 5: Next you need to add the trigger price.
Step 6: Add order details.
Step 7: Click on instant.
By doing so, you will be able to place a single order successfully.
Double or OCO Order
To place a double order, follow the below-given steps:
Step 1: Visit the Dhan website and log in.
Step 2: Then click on options trading.
Step 3: Select any index that suits your investment plan.
Step 4: Choose either the put or call option.
Step 5: If you want to purchase at a low price, add the target.
Step 6: If you want to purchase at a high price, add lots (quantity).
Step 7: Next, you need to add a stop-loss order.
Step 8: Click on Instant.
By placing an OCO order you can place two orders simultaneously at low and high costs.
Therefore, following these steps can help you place a GTT order effortlessly.