How to Place VTT Order on 5Paisa?

What is VTT Order?

VTT stands for ‘Valid Till Triggered’. As the name suggests, the order will be valid until the given price is met. A Normal Order is only valid for 1 day, and you can only place orders within the upper and lower circuit for that day. However, a VTT order is valid for 1 year, and you can place an order at whatever price you want. Once the stock price reaches the price given by you, the order gets triggered and placed into the market.

To place a VTT (Valid Till Triggered) order on 5Paisa, follow these steps:

VTT (Valid Till Triggered) Order on 5Paisa

1. Open the 5Paisa app or website.

2. Navigate to the Book section.

3. Select VTT.

4. Choose Start new VTT.

5. Search for the equity share for which you want to place a VTT order.

6. Enter the Quantity and Trigger Price, which is the price at which you want the order to be placed in the market.

7. You can provide a (Limit) Price or select Market Price for the order to be executed immediately. It is recommended to choose Market Price for a higher probability of order execution.

8. Optionally, you can add a Stop Loss and Target Price for this order.

9. Finally, confirm your Buy or Sell order.

Alternatively, you can also go directly to any stock and a place VTT order from there.

In conclusion, a VTT order is a Valid Till Triggered order which is valid for one year and is triggered and placed into the market once the stock price reaches the price given by you. To place a VTT order on 5Paisa, you need to follow the steps mentioned above. With a VTT order, you can place an order at whatever price you want, and it will be triggered and placed into the market automatically. This feature is particularly useful for investors who want to place orders at specific prices.