{"id":14415,"date":"2026-05-27T07:42:30","date_gmt":"2026-05-27T07:42:30","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/glossary\/gtc-order-good-till-cancelled\/"},"modified":"2026-05-27T07:42:30","modified_gmt":"2026-05-27T07:42:30","slug":"gtc-order-good-till-cancelled","status":"publish","type":"glossary","link":"https:\/\/lemonn.co.in\/blog\/glossary\/gtc-order-good-till-cancelled\/","title":{"rendered":"GTC Order Good Till Cancelled"},"content":{"rendered":"

A Good Till Cancelled (GTC) order is a type of stock market order<\/a> that remains active until the investor manually cancels it or the trade is executed. Unlike a day order (which expires at the end of the trading<\/a> session), a GTC order stays in the order book across multiple trading days.<\/p>\n

What Is a GTC Order?<\/h2>\n

When you place a GTC order, you instruct your broker<\/a> to execute the trade at your specified price, and if not executed that day, keep the order active the next day, and the day after, until either the price is reached or you cancel the order.<\/p>\n

Example: You want to buy shares<\/a> of Company X at Rs 500 but the current price is Rs 550. You place a GTC limit buy order at Rs 500. If the stock falls to Rs 500 over the next 10 days, your order executes automatically without you having to re-enter it each day.<\/p>\n

GTC Orders in India: SEBI<\/a> Rules<\/h2>\n

In India, exchanges restrict GTC order validity. SEBI and exchanges like NSE<\/a> and BSE<\/a> have historically limited the duration of open orders. Most brokers allow GTC orders to remain valid for a limited period (typically up to 365 days or until end of financial year), not indefinitely.<\/p>\n

GTC vs Day Order vs GTD<\/h2>\n

| Order Type | Validity |
\n|———–|———|
\n| Day Order | Expires at end of current trading session |
\n| GTC | Valid until executed or manually cancelled |
\n| GTD (Good Till Date) | Valid until a specified date |<\/p>\n

Practical Example<\/h2>\n

Nikhil sees that a stock is at Rs 200 and believes it is fair value<\/a> at Rs 160. Instead of watching the stock daily, he places a GTC limit buy at Rs 160. Over the next 3 weeks, the stock falls to Rs 165 then bounces. Two months later, it falls to Rs 159. His GTC order executes at Rs 160, and he does not have to constantly monitor and re-enter the order.<\/p>\n

Key Takeaways<\/h2>\n

– GTC orders remain active until executed or cancelled; they persi<\/a>st across multiple trading sessions
\n– Useful for value investors who want to buy at a specific target price without daily monitoring
\n– In India, SEBI and exchanges limit GTC validity; most brokers allow 365 days or end of year
\n– GTC orders expose investors to risk if market conditions change significantly while the order sits open
\n– Always review standing GTC orders periodically; changing fundamentals may invalidate your target price<\/p>\n","protected":false},"excerpt":{"rendered":"

A Good Till Cancelled (GTC) order is a type of stock market order that remains active until the investor manually cancels it or the trade is executed. Unlike a day order (which expires at the end of the trading session), a GTC order stays in the order book across multiple trading days. What Is a […]<\/p>\n","protected":false},"author":3,"featured_media":0,"menu_order":0,"template":"","meta":{"_uag_custom_page_level_css":"","footnotes":""},"class_list":["post-14415","glossary","type-glossary","status-publish","hentry"],"blocksy_meta":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Team Lemonn","author_link":"https:\/\/lemonn.co.in\/blog\/author\/ashu\/"},"uagb_comment_info":0,"uagb_excerpt":"A Good Till Cancelled (GTC) order is a type of stock market order that remains active until the investor manually cancels it or the trade is executed. Unlike a day order (which expires at the end of the trading session), a GTC order stays in the order book across multiple trading days. What Is a…","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary\/14415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"version-history":[{"count":0,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary\/14415\/revisions"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=14415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}