Hi @Samit
Please explain me the actual use of IMMEDIATE condition.
How it is different than Below condition? As you can’t use IMMEDIATE condition if you want to buy above CMP, So IMMEDIATE and BELOW both condition works same. But BELOW condition has benefit that you can place anytime, it will scheduled till expiry(i.e. 365 days) where as IMMEDIATE condition works only in market hours and GTT will be cancelled after market closes.
What is the benefit of using IMMEDIATE condition over other conditions? I would prefer to use BELOW condition.
We need option to buy at specific price we have mentioned regardless of Current Market Price. For example. we need to buy at 95 when market is running at 80.
I know now you will say that use ABOVE condition, drawback of above condition is that it will send order only after when CMP crosses 95. So what will happen price jumps from 93 to 98, then GTT order will place order at 95, then market will move further to 120 without touching 95 so now price will fall to 95 and keep falling till our stoploss.
So what option do you have to protect from this scenario? We need option that will work like IOC something like if price jumps over price and moves certain percent or points then order should be cancelled automatically.