Use GTT Orders to Strategise Your Trades Amid Kalyan Jewellers' Volatility

Shares of Kalyan Jewellers saw a 6.2% dip in early trade today, dropping to ₹677.55 on the BSE amid profit booking. This comes a day after the company reported an impressive Q3 update, with 41% YoY revenue growth and a 24% same-store-sales-growth.

If you’re tracking this stock and planning your next move amid such volitility, the GTT feature on Upstox Pro can help you stay ahead. This powerful tool allows you to automate your buy or sell orders by setting trigger prices based on your investment strategy.

Below are two examples showcasing the Kalyan Jewellers stock on Upstox Pro:

  1. GTT for Delivery Orders
    A delivery GTT order lets you set your buy or sell price and keeps the order active for up to a year. In the screenshot below, you can set a buy order for ₹690.55, ensuring you secure the stock if it dips to their desired price.

  1. GTT for Intraday Orders
    If you’re looking for short-term trades, the GTT feature for intraday helps you lock in your preferred price for the day. In this example, you can set a buy order for ₹690.55 with an intraday product. This ensures the order is triggered only within the trading session (screenshot below).

Here’s how you can make the most of the GTT feature:

  1. In Upstox Pro, go to ‘Watchlist’. Select your preferred scrip (in this case, Kalyan Jewellers), click on the ‘Summary’ tab and go to the ‘Buy’ tab below. Now, click on the ‘GTT’ tab.
  2. You can set strategic buy and sell triggers.
  3. Whether you’re trading intraday or holding for delivery, GTT lets you tailor your orders for your preferred style. Delivery orders stay active for up to 365 days, while intraday triggers remain valid for the day.
  4. The GTT feature ensures you never miss an opportunity, even during market volatility. Once set, it monitors the stock price for you, offering convenience and peace of mind.

Whether you’re tracking Kalyan Jewellers or other stocks, Upstox Pro’s GTT feature will ensure you never miss an opportunity. Have you used GTT for your trades yet? Share your experience in the comments below!

Looking for more details? Check out our FAQ post on GTT Order.