Groww offers Market Order, Limit Order, Stop-Loss (SL) Order / Stop Trigger Order, GTT (Good Till Triggered) Order, Cover Order (CO), and OCO (One-Cancels-Other) Order.
- Market Order: Buy or sell immediately at the best available current price.
- Limit Order: You specify the price (or better) at which you want to buy or sell; execution happens only if that price (or better) is available.
- Stop-Loss (SL) Order / Stop Trigger Order: You set a trigger price; once the market hits the trigger, an order is submitted (either market or limit) to stop further loss.
- GTT (Good Till Triggered) Order: You specify a trigger price and validity (up to 1 year). Once a trigger is met, a buy/sell order is placed.
- Cover Order (CO): A combined order where you enter a position (market or limit) and simultaneously set a stop-loss. Typically, for intraday trading, with a leveraged margin.
- OCO (One-Cancels-Other) Order: Two opposite orders (e.g., target profit + stop-loss) are placed; when one leg executes, the other is cancelled.
Open Instant Account - Start Trading Today
