What is a GTT? How does one place a GTT order

Modified on Thu, 21 Jul 2022 at 12:03 PM

GTT is an order you place in Gill Trade (buy a scrip at a particular price) and wait for it to execute based on the conditions you have entered.

GTT  Order is essentially a trigger order that is placed and maintained on Gill Broking and when the set price is reached your order is sent to the exchange for execution. 


For example, if a stock is currently priced at Rs. 500, then you can place a GTT order to buy the stock when the price reaches Rs. 400 . So when stock reaches Rs. 400, then the order is triggered and sent to the stock exchange for execution - either at Market Price or Limit price. 

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