Order Rejected on WebNotes

How to fix a theoretical-price rejection on Zerodha

Sun, 21 Jun 2026 00:00:00 +0000

The rejection that asks you to “place your order around the theoretical price” or “around the fair value” appears on Kite when your order price sits too far from where the contract should trade, which happens most on illiquid F&O options. It is not the same as a price-band rejection , which is about the daily circuit limit. This rejection is a fair-value guardrail: in a thin option the last traded price can be stale and the bid-ask spread wide, so an order placed far from the theoretical price can fill at a poor price or be used to move money artificially between accounts. The fix is to place a limit order near fair value, inside the exchange’s protection band, rather than a market order at an extreme price.

The trigger and limit price mismatch error on SL orders

Sun, 21 Jun 2026 00:00:00 +0000

The trigger and limit price mismatch error on a stop-loss order means the two prices are the wrong way round for the order to be executable. On Kite , the messages “Trigger price can’t be higher than price” and “Trigger price can’t be lesser than price” both say the same thing: for a buy SL order the trigger price must sit at or below the limit price, and for a sell SL order the trigger must sit at or above the limit price. Set the prices to the correct side and the order is accepted.

Why far-month MCX commodity option orders are rejected on Kite

Sun, 21 Jun 2026 00:00:00 +0000

A far-month MCX commodity option rejection on Kite is a Zerodha risk-management block: orders in commodity option contracts beyond the permitted near-month window are rejected before they reach the Multi Commodity Exchange , because those contracts carry near-zero liquidity and would expose the trader to a fill at a price far from fair value. For most commodity options on Kite you can trade only the current (near) month; the next month opens one day before the current contract expires, and energy options carry a wider two-month window.

Why market orders are blocked for ETFs in the first two minutes

Sun, 21 Jun 2026 00:00:00 +0000

Market orders blocked for ETFs in the first two minutes is a Zerodha liquidity safeguard: from 9:15 AM to 9:17 AM, the first two minutes of the continuous session, Zerodha blocks market and stop-loss-market (SL-M) orders for specific, less-liquid exchange-traded funds , because a market order into a thin opening book can fill far from the fund’s fair value. The block lifts at 9:17 AM. The workaround is a limit order priced against the fund’s indicative NAV (iNAV).

Why orders get rejected on Kite

Sun, 21 Jun 2026 00:00:00 +0000

A Kite order is rejected when a pre-trade check, run either by Zerodha’s Risk Management System or by the NSE, BSE, or MCX matching engine, fails before the order can rest in the book. The rejection is not silent: the exact reason is written into the order detail in the Kite Orders tab, and that string names the specific rule that blocked the order. Reading it is the whole diagnosis. Almost every rejection reduces to one of a fixed set of causes, and each cause has a documented fix.

How to fix a circuit-limit rejection on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A circuit-limit rejection on Kite arises in two distinct scenarios: a market-wide trading halt triggered by a large index fall, or a per-instrument circuit breaker that limits the maximum price movement for a specific stock or contract. The resolution differs substantially between the two cases.

Understanding which type of circuit applies to your order is the essential first diagnostic step.

Conflict-of-interest disclosure. This guide is published by the WebNotes Editorial Team for informational purposes and is written independently. WebNotes operates a Zerodha account-opening referral programme, disclosed on the pages that carry the referral link; this guide does not carry it and earns no referral commission from the procedure described here.

How to fix a price-band rejection on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A price-band rejection on Kite occurs when the limit price you have specified in a buy or sell order falls outside the daily price range permitted by NSE or BSE for that instrument. Exchanges impose these price bands (also called circuit filters or circuit breakers) to limit extreme intraday price swings and protect market integrity.

The rejection message typically reads: “Order price is outside the allowable price band” or “Price is out of the DPR (Daily Price Range)” at the exchange level.

How to fix an 'order rejected: insufficient margin' error on Zerodha

Tue, 12 May 2026 00:00:00 +0000

When Kite rejects an order with the message “order rejected: insufficient margin”, the Zerodha Risk Management System (RMS) has determined that your available margin balance is below the minimum required to open or carry the requested position. This is one of the most common rejection codes across equity intraday, derivatives, commodity, and currency segments.

The rejection is protective: it prevents your account from going into a debit balance that would trigger a margin-call or auction process. Understanding why it fires and how to resolve it quickly can save substantial time during live market hours.

How to fix an 'order rejected: RMS' error on Zerodha

Tue, 12 May 2026 00:00:00 +0000

When Kite rejects an order with a message beginning “RMS:”, Zerodha’s internal Risk Management System has blocked the order before it reached the exchange. RMS is a pre-trade validation engine that checks margin, position limits, scrip restrictions, OI caps, and other broker-level risk parameters. The sub-code that follows “RMS:” identifies the specific check that failed.

Unlike exchange-level rejections (which carry NSE or BSE error codes), RMS rejections are issued by Zerodha’s servers. The exchange never processes a RMS-rejected order, so there is no exchange acknowledgement number for such orders.

How to handle a freeze-quantity rejection on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A freeze-quantity rejection occurs when you attempt to place a single order on Kite for a quantity that exceeds the maximum order size (the “freeze quantity” or “freeze lot”) set by NSE or BSE for that instrument. The exchange rejects such orders at the matching engine level before any fill can occur.

This is not a Zerodha-specific restriction. Both NSE and BSE define freeze quantities for individual stocks and derivatives contracts as a market-integrity safeguard to prevent erroneous bulk orders from disrupting the order book.