Couldn't place order

zhkas
Hi,
Today 13 Jan 2025 :: I placed sell order for NIFTY2511623200PE @ 137.65 when ltp was at 140.65

but instead I got error
{"status":"error","message":"LIMIT orders that are far away from the LTP are restricted as per exchange guidelines. Please use [GTT](https://support.zerodha.com/category/trading-and-markets/gtt/articles/what-is-the-good-till-triggered-gtt-feature) for placing such orders. [Read more.](https://support.zerodha.com/category/trading-and-markets/margin-leverage-and-product-and-order-types/articles/limit-orders-far-away-from-ltp-are-rejected)","data":null,"error_type":"InputException"}
How come this price was far away from LTP ?

I got similar error in other instruments as well

another error was
{"status":"error","message":"Your order price is higher than the current [upper circuit limit](https://support.zerodha.com/category/trading-and-markets/trading-faqs/articles/what-does-circuit-limits-i-e-price-bands-mean) of 59.95. You can place an order within the range or [use GTT](https://support.zerodha.com/category/trading-and-markets/gtt/articles/what-is-the-good-till-triggered-gtt-feature) for long-standing orders.","data":null,"error_type":"InputException"}
for NIFTY2511622850PE with price of 69.95 when ltp I received was 66.95

Please help
Sign In or Register to comment.