How to Place GTT order on Zerodha?

Ever wanted to buy a stock at a lower price, but by the time you checked, the price had already gone up? Or maybe you planned to sell when the stock touched your target price, but got busy with work, and missed the chance? We’ve all been there. Now imagine this: what if your trading app could do it for you? Automatically. Without reminders. That’s exactly what GTT (Good Till Triggered) orders on Zerodha can do. Here we will discuss how to place a GTT order on Zerodha.

What is a GTT Order in Zerodha?

GTT stands for Good Till Triggered. In simple terms, it’s an order that sits quietly in the background and gets activated only when the price you set is hit. Until then, it does nothing; it just waits patiently, like a loyal watchman keeping an eye on the stock price.

For example, let’s say you want to buy Infosys shares at ₹1300, but right now the price is ₹1450.

• You don’t want to sit and keep checking the screen all day.
• So, you place a GTT Buy order at ₹1300 on Zerodha.
• Now, whenever Infosys drops to ₹1300, tomorrow, next week, or even next month, your order will automatically get triggered and sent to the exchange.

It’s like telling Zerodha: “When Infosys hits ₹1300, buy it for me, even if I’m sleeping or busy.” The moment the price drops, Zerodha goes out and buys it for you. No need to keep checking every few minutes.

Example Scenario for  GTT Order

Here are some real-life base examples to help you understand:

GTT Buy Order Example

You want to buy Tata Motors at ₹850. Current price is ₹920.

• Trigger Price: ₹850
• Limit Price: ₹850
• Quantity: 10 shares

Once Tata Motors hits ₹850, Zerodha sends your Buy order.

GTT Sell Order Example

You own Reliance shares bought at ₹2800. You want to sell at ₹3000.

• Trigger Price: ₹3000
• Limit Price: ₹3000
• Quantity: 5 shares

If the price reaches ₹3000, your Sell order goes live.

Step-by-Step Guidelines on How to Place GTT on Zerodha

Here are the steps given below on how to place a GTT on Zerodha:

1. Open the Zerodha app.

2. Choose any watchlist. If your watchlist is empty, then tap on search & add.

3. Then search your preferred NSE BSE, and then tap on the plus sign option.

4. Now, here you can see the added option now you have to tap on that option.

5. And then click on the Create GTT option.

6. Now set the trigger price, quantity, and price, and then slide to create GTT.

7. Now your GTT is created.

How to Modify GTT Order in Zerodha?

Here are the step-by-step instructions to modify the GTT order:

1. Open the Zerodha App.

2. Click on the order tab.

3. Tap on the GTT button.

4. Now select the GTT that you want to modify.

5. Tap on the Modify button.

 

6. Now modify the trigger price, quantity, and price, and then swipe to modify GTT.

Tips for Using GTT Orders on Zerodha

Want to make the most out of GTT orders? Follow these tips that even beginners can understand:

Double-Check Trigger Price vs Limit Price

These two prices are not the same, and mixing them up is a common mistake.

• Trigger Price = When the order gets activated
• Limit Price = The actual price at which Zerodha will try to place your order

Always make sure your trigger price is equal to or close to your limit price, or your order might not get filled.

Don’t Set Limit Price Too Far from Market Price

If your limit price is too unrealistic, your order may stay pending even after being triggered. For example, if HDFC is at ₹1700 and your trigger is ₹1600, don’t set the limit at ₹1550.
The stock might touch ₹1600, but not go down to ₹1550, and your order will just sit there doing nothing.

Use GTT for Long-Term Investing, Not Intraday

GTT orders are best for long-term trades or swing trades. Don’t use GTT for intraday trades; those need fast, live actions, and GTT is not made for that. GTT is more like a “patient investor tool”, not for traders who want to enter and exit on the same day.

Set GTT Sell Orders to Book Profits or Avoid Losses

Already holding shares? Use Sell GTT to:

• Lock profits if your stock price goes up
• Cut losses if the price falls too much

This works like a backup plan, so you don’t panic or miss out during sudden market moves.

Note: Review your GTT orders once a week. Because sometimes market conditions change, you may want to update or cancel old GTTs.

Conclusion

In conclusion,  if you’re someone who doesn’t want to stare at charts all day, GTT is your best friend. It’s like telling Zerodha: “When the price is right, make the move for me.” Now that you know how to place a GTT order in Zerodha, give it a try using small amounts. Test it, understand how it works, and slowly build confidence.