How Can We Help You?
How Can We Help Today?
Search for answers or explore topics below
Why is the error “The difference between the limit price and trigger price for SL orders is over the exchange permissible range” displayed?
The NSE circulars for Equity (PDF), F&O (PDF), and Currency Derivative Segment (CDS) (PDF) outline guidelines regarding Stop Loss - Limit (SL-L) orders for stock F&O, currency F&O, and index F&O contracts. It's essential to understand the rules to ensure smooth order processing. Here's a summary:
Rule Overview:
The circular specifies that SL-L orders will be rejected if the difference between the trigger price and the limit price exceeds the allowed limit.
This rule is applicable to both new SL-L orders and modifications made to existing ones.
Calculation of Allowed Limit:
The allowed limit for each instrument is determined using a specific formula.
The formula considers the trigger price, X%, and a minimum absolute range (in ₹) based on the type of instrument.
For detailed insights into the calculation of the permissible range, please refer to the circulars mentioned above.
For any further clarification or assistance, feel free to connect with our support team by writing to us at help@tradejini.com.We're here to help you navigate these guidelines effectively.
Still feeling stuck?
Try searching for an answer first. If you still need help, create a ticket, and we'll get back to you soon.