GTT in FnO AT a GTT order for GTT buy n sell

F&O
1

Hello,
Suppose I created GTT in FnO in Stock A with the CMP 100 as GTT BUY with trigger price +5% of CMP & Limit price is 106 & Simultaneously GTT SELL with trigger price +5% of CMP & limit price is 106. Then how will above GTT Order will work?
Thank U.

2

You are placing GTT Buy Order and GTT Sell Order at the same price. This might nullify either order and result in a square-off.

3

isn’t there the risk of “both the buy and sell order” getting executed , in the volatile market ?

4

Hello,
This is not what ur thinking, I will cancell one of this 2leg order @ some point of level as this is a safeguard mechanism for my strategy.
Thank U.

5

Hello,
Thanks for the reply.
Thanks U.