What are the conditions for Entry Price?
- There should be a price gap of at least 0.5% between Last Trade Price (LTP) and Entry price of any leg of GTT.
- There should be a price gap of at least 1% between both legs of GTT if OCO GTT is being placed along with normal order.
- Relation between Entry Price and Order Price:
- Buy Side: Entry Price <= Order Price
- Sell Side: Entry Price >= Order Price
This condition is kept so that your order acts like a market order and can be successfully executed at the exchange.