Stop loss in option selling

I can place stop loss limit order in option selling (intraday ) ?
For eg banknifty pe 30800 is trading at 100 rs, so I want place limit as 100 rs and stop loss at 300 rs
Will my order will get rejected because I have place to far my stop loss .

Exchanges have set an execution range for every option strike within which all orders can be placed. All orders outside the range will get rejected.

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