How Upper circuit orders are matched with Sellers?

General
1

Hello Zerodha

I have a very basic doubt. Suppose A stock locks into upper circuit. For Eg Tata Investment At 6950/- with 23000 Qty orders ( BUYERS). There is no sellers.
How these orders will be matched with sellers?

1.From where the price discovery and order matching will happen as there is no sellers?

My doubt is

  1. Will the Buyers will be matched with any GTT orders?
  2. Will buyers will be matched with Intraday traders? in that case, do they have to take delivery of that orders?
  3. If no sellers, Will the upper-circuit BUy orders will be cancelled? For Eg Out of 23000 qtys only 15000 Buy orders are matched. So will the remaining orders will be cancelled ?

How it works?
Please clarify

2

GTT, MIS all these are broker specific, keep it simple , just buyers and sellers.
Buyers will sit till some seller comes and picks at that price, if none came, at 3.30 all pending orders will be cancelled.

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