What Is GTT Order? Meaning, Full Form & How It Works

In this fast-paced share market, investors and traders alike struggle to keep a close watch on stock prices. Life has become easier with the shift to automated order types like GTT orders. Once a trader inputs a target price, the system closes the trade on the trader’s behalf when the target price condition is met, even when the trader is offline.

If you've been curious about the meaning of GTT orders, GTT and share market, and how it aids long-term investors and traders, this is the most comprehensive blog to cover GTT order meaning, how it works, and the advantages it offers.

 

What Is GTT Order? (GTT Order Meaning)

GTT is an acronym for Good Till Triggered. The order type will remain active and not expire until a certain activating price has been met. The order will then be processed and sent to the exchange without direct input from the trader.

For example, a trader has a GTT order. The trader has a predefined buying or selling price of a stock; the GTT order will wait until the market reaches the target.

This lets you take a break from your trading screens.

 

What Is GTT in Share Market?

In trading, a GTT (Good Till Triggered) order can be described as a smart reminder-based order. It can last for a long time, usually up to one year (depending on your brokerage firm).

Example time! You want to get some HDFC Bank shares, but only if the price goes down to ₹1,400. At the moment, it’s priced at ₹1,550. You can just set a GTT buy order to trigger at ₹1,400.

As soon as it reaches ₹1,400, your order will be automatically executed at the exchange, even if you aren’t logged in at the time. The opposite is also true. If you want to sell a stock you already have and want to set a price for it, you can create a GTT sell order. This feature can be found on most trading platforms like Zerodha, Groww, Upstox, and Angel One.

 

GTT Order Full Form

GTT Order Full Form is Good Till Triggered Order.

A GTT order stays active until the set target price (trigger) is reached. GTT orders are more flexible than regular day orders which are automatically executed or cancelled at the end of the trading day. Unlike GTT orders, which you can set for months or until you decide to cancel the order.

 

How Does a GTT Order Work?

Working with a GTT order is super easy:

1. Set a Trigger Price: You decide the price at which you want to buy or sell a stock.

2. Choose the Order Type (Buy/Sell): You can place a buy or sell order depending on your strategy.

3. Broker Monitors the Market: The broker's system ensures that the price is tracked continuously.

4. Trigger Activation: Your GTT order automatically becomes a market or limit order at the exchange once the stock price hits the trigger.

5. Execution or Expiry: The order is executed if the exchange completes the trade. If the price hits the trigger again, it will execute, or it will remain active until the order expires.

 

Example of GTT Order

Let us consider some practical illustrations.  

 

Example 1: GTT Buy Order  

Imagine Infosys shares are priced at ₹1,600. You think it is a good buy at ₹1,500. You can set a GTT buy order at a trigger price of ₹1,500. Once Infosys shares are priced at ₹1,500, an order will be sent to the exchange and will be executed automatically.  

 

Example 2: GTT Sell Order  

Let’s say you acquired Reliance Industries shares at ₹2,200 and plan to sell when it reaches ₹2,600. You can set a GTT sell order with a trigger price set to ₹2,600. When the price of the stock is at ₹2,600, a sell order will be automatically executed in the exchange.  

Such automation reduces the hassle of constant monitoring.  

 

Types of GTT Orders

Most brokers will provide two main types of GTT orders:  

 

Type	Description	Used For
Single GTT Order	One trigger condition - either buy or sell.	For simple trades or targets.
OCO (One Cancels Other) GTT Order	Two triggers - one for the target and one for the stop-loss. When one executes, the other is automatically cancelled.	For advanced risk management in trading.

 

Advantages of GTT Orders

The Good Till Triggered order is a useful feature for investors and traders alike. Here’s the reason:

1. No Need to Monitor Constantly- You do not need to be at the market screen all day. Once you set the GTT order, it executes automatically once your price is hit.

2. Helps Long-Term Investors- For any stock you prefer, if you want to wait for a stock to reach your desired buying price, you can set it then walk away. 

3. Effective Risk Management- Losses can be managed and profits locked in as you can set stop-loss and target triggers at the same time.

4. Long Validity- GTT orders, unlike normal day orders, can be left open for several months at a time (usually up to 1 year).

5. Ideal for Volatile Markets- During times of high market fluctuations, GTT orders guarantee you do not miss your buying or selling targets.

 

GTT vs GTC

GTT (Good Till Triggered) and GTC (Good Till Cancelled) orders are similar but not the same. Here’s a comparison:

 

Feature	GTT Order	GTC Order
Full Form	Good Till Triggered	Good Till Cancelled
When It Executes	Executes only when the trigger price is hit	Remains open until manually cancelled
Validity Period	Up to 1 year (depends on broker)	Unlimited until cancellation
Availability	Common in Indian trading apps	Rare in Indian markets

Disadvantages of GTT Orders

• No availability for F&O (Futures and Options) Segment.

• Order validity can vary by broker (up to 1 year).

• Once orders are triggered, they act as limit or market orders, which then depend on market liquidity for execution.  

 For automation and efficiency, it is still one of the best features for delivery traders and long-term investors.

 

Platforms Offering GTT Orders

Zerodha Kite, Groww, Upstox, Angel One, 5Paisa, and Dhan are among the most renowned platforms in India that provide GTT order services. Though each platform may differ slightly in execution and validity periods, the basic concept remains the same.

 

 

Final Thoughts

With GTT orders, trading is easy, whether you’re an active or passive investor. GTT orders automate your buy and sell levels, maintaining discipline without the need for constant market supervision.  

So, the next time you’re trading, think of the GTT order meaning - Good Till Triggered. It’s the silent partner that places your orders exactly when your target price is reached.  

This intelligent order type is perfect for users trying to understand what is GTT in the share market. It will automate your trading strategy and allow you to capitalise on every opportunity without any hassle.  

Understanding market sentiment is just as crucial for timing your entrances and exits as GTT orders are for automating your trades. Learn how this indicator helps spot bullish or bearish trends before they occur by reading our comprehensive tutorial on Put Call Ratio: Key Indicator for Market Sentiment Analysis.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.