How to Use GTT (Good Till Triggered) in Zerodha: A Complete Guide

How to Use GTT (Good Till Triggered) in Zerodha: A Complete Guide

Investing in the stock market requires the right tools to manage risk and lock in profits. One such feature provided by Zerodha is the GTT (Good Till Triggered) order. Whether you're a long-term investor or a swing trader, GTT helps you automate your exit plans without constantly watching the market.

In this guide, we’ll explain:

1. What is GTT in Zerodha?
2. Types of GTT orders
3. How to place a GTT order step-by-step
4. Benefits of GTT
5. Common mistakes to avoid

What is GTT in Zerodha?

GTT (Good Till Triggered) is a feature in Zerodha’s Kite platform that allows users to place buy or sell orders that remain valid until a specified trigger price is hit. Unlike regular orders that expire by the end of the day, GTT orders stay active for up to 1 year or until executed.

This is especially useful for:

• Swing traders looking to book profits
• Long-term investors who want to place stop-loss orders
• Investors targeting specific entry or exit prices

Types of GTT Orders in Zerodha

Zerodha offers two main types of GTT orders:

1. Single GTT Order

Used for either buying or selling at a desired price point.

Example: Sell stock if price drops below ₹3700.

2. OCO GTT Order (One Cancels the Other)

Used to set both a target and a stop-loss. Once either condition is met, the other order is canceled automatically.

Example: Sell stock at ₹4100 (target) or ₹3700 (stop-loss), whichever happens first.

How to Place a GTT Order in Zerodha (Step-by-Step)

Step 1: Log in to Kite

Go to kite.zerodha.com or open the mobile app.

Step 2: Search for the Stock

Type the stock name in the watchlist and click on it.

Step 3: Click on 'Create GTT'

Choose ‘Create GTT’ under the stock window.

Step 4: Choose Buy or Sell

Select Buy (for entry orders) or Sell (for exit orders).

Step 5: Enter Order Details

Trigger Price – The price at which the order is activated.

Limit Price – The actual order price sent to the exchange.

Quantity – Number of shares.

Step 6: Choose Order Type

Select Single or OCO depending on your strategy.

Step 7: Place GTT

Click on ‘Place’ and confirm the order.

Practical Example: Selling with GTT

Let’s say:

CMP of a stock = ₹3861

You want to protect profits by selling if the price drops to ₹3700

Your GTT Sell order would look like this:

Field Value

Trigger Price ₹3700

Sell Price ₹3695

Quantity 10 shares

Order Type Single GTT

Once the stock hits ₹3700, your sell order will be placed at ₹3695.

Can GTT Be Used as a Trailing Stop-Loss?

Zerodha's GTT does not support automatic trailing. However, you can manually update your GTT order to simulate a trailing stop-loss.

How to do it manually:

1. Monitor the stock regularly.

2. If the price moves up, cancel the old GTT.

3. Create a new GTT order with a higher trigger price.

While it's not automatic, it's still effective for swing or positional traders.

Important Tips When Using GTT in Zerodha

• Always keep a small buffer between the trigger price and the order price to increase execution chances.
• GTT is only available for CNC (delivery-based) orders, not for intraday or F&O.
• Ensure your stock is in the GTT-enabled list on Zerodha.
• Monitor GTT orders regularly, especially during corporate actions or market volatility.
• Once triggered, your limit order may not execute if the stock doesn’t reach the price

FAQs: GTT Orders in Zerodha

Q1. Is GTT available for intraday trading?

No. GTT is only available for CNC (delivery-based) trades, not for intraday or F&O.

Q2. Can I set both a stop-loss and target in one GTT order?

Yes. Use the OCO (One Cancels Other) GTT order to set both simultaneously.

Q3. How long is a GTT order valid?

Up to 1 year, or until the trigger is hit and the order is placed on the exchange.

Q4. Will my GTT order execute immediately if the trigger price is already hit?

No. GTT is only triggered after placement. If the stock is already below or above the trigger, it won't execute.

Q5. What happens if the order doesn’t get filled after GTT is triggered?

Once the trigger is hit, the order is sent to the exchange as a limit order. If the stock doesn’t trade at the order price, it won’t execute.

Q6. Can I cancel or modify a GTT order?

Yes. You can cancel or edit any GTT order before it's triggered.

Q7. What if the stock gaps down below my trigger and order price?

Your GTT order may not execute if the stock opens below both your trigger and limit price. To reduce this risk, consider using a market price or looser limit.

Final Thoughts

GTT orders in Zerodha are an excellent tool for investors who want to automate their exit strategy — whether it's booking profits or cutting losses. While GTT does not support automatic trailing, with manual adjustments, it becomes a powerful ally for swing or positional trading.

Use GTT wisely by:

• Setting realistic trigger and limit prices
• Updating the order when the market moves
• Monitoring your open positions regularly
• By doing so, you can trade with more confidence and discipline — the keys to long-term success in the stock market.