SLM with trigger outside circuit limits

Wed, 20 May 2026 00:00:00 +0000

A Stop-Loss Market (SL-M) order with trigger price outside the day’s circuit limits is rejected by Kite at order placement. The validation ensures orders are realistic given the price-band constraints.

What SL-M is

SL-M is an order that:

Triggers when the LTP crosses the specified trigger price.
Once triggered, executes as a market order.

If the trigger price is set outside the day’s circuit limits , the trigger can never fire (price cannot reach the circuit-limit-bounded range).

SL-M on WebNotes

SLM with trigger outside circuit limits

What SL-M is