Robo order

A Robo order is a multi-leg order used in intraday trading which allows you to place 2 more orders along with the initial order. One order is placed at a price lower than order price and other placed at a price higher than order price.
Order is automatically exited when any of the defined targets are met.
These orders can be exited manually before hitting target or stop loss targets as well.

Yes, Robo orders can be placed in both NSE and BSE

You can place Robo orders only in Intraday.

No, the MTF facility is unavailable for Robo orders.

Robo orders can only be placed in the cash market segment (Equity and Derivatives) for stocks and indices.

No, you cannot place a Robo order in Delivery trading.

Robo orders can be placed in selected scrips of cash segment for intraday trading. Robo orders can not be placed on low volume scrips.

You can place a Robo order between 9:15 AM to 3:10 PM on a trading day.

If your first-leg order (initial Limit order) doesn’t get executed during the market hours of the trading day, then the Robo order will get cancelled.
If your first-leg order is executed and neither the second-leg nor the third-leg order gets executed your position will get auto-squared off at 3:10pm.

Robo order can be modified in the following ways any number of times:

Initial Order can be modified in cases the Order has not been executed.
In case of Initial Order is executed, only Stop Loss & Target Orders can be modified.
Once the Stop loss/Target price has been executed no modifications are possible.

Tap on Watchlist at the bottom of your screen
Click on Buy/Sell & select Intraday
Tap on Smart Orders & select Robo Order
Enter the Quantity, price, stop Loss & target targets
Click on Place Buy/Sell Order
Your order would be placed successfully subject to fund availability

Currently, we have robo order feature only on mobile app. We are working on bringing it to web as well.