Add Trailing GTT works across multiple days by first waiting for the set trigger price, and once hit, it adjusts automatically with price movement and executes on reversal by the trailing amount.
Buy Example: Current ₹105, GTT ₹95, trailing ₹2 → after ₹95 is hit, if price falls to ₹92, trigger becomes ₹94; when price rises to ₹94, buy executes.
Sell Example: Current ₹105, GTT ₹115, trailing ₹2 → after ₹115 is hit, if price rises to ₹118, trigger becomes ₹116; when price falls to ₹116, sell executes.
Thanks for explaining this. Just to ensure we’re aligned on the exact behaviour, could you please help clarify a below point:
For the buy case: what should happen if price touches ₹95 but does not fall further to activate trailing lets say 94, and instead reverses upward (for example moves from ₹95 back to ₹100)? Should the order execute at ₹95 or remain inactive?
If possible, could you share a couple of real trading scenarios where you would use this? That will help us understand the exact use case better and evaluate it more effectively.