Product Updates

Introducing Stoploss/Target Orders on Groww: Trade Smarter with Intraday

May 27, 2025 •2:30 PM

Hello traders,

In fast-moving markets, intraday trades can turn in a matter of seconds. They are fast-paced and often demand your full attention. But what if your trades could manage themselves after entry? What if you could walk away from the screen without worrying about missing the perfect exit or an unexpected reversal? That's why we've introduced a feature that lets you trade with confidence, knowing both your profit goals and risk limits are protected.

Introducing Stoploss/Target orders on Groww. This powerful feature allows you to set both a target price and a stoploss on any intraday trade, so you’re prepared for both the upside and the downside, right from the moment you enter a position.

What is a Stoploss/Target Order?

A Stoploss/Target order allows you to add ‘Target’ & ‘Stoploss’ to an intraday position to book target profits and limit losses. In this, you can add either or both target (TGT) and stoploss (SL) to your position - both new and existing. When any one of SL and Target is hit, the position is squared-off and the other leg (SL or Target) is automatically cancelled.

How Does It Work?

A Stoploss/Target Order lets you set two exit conditions for your intraday trade:

A Target price – the price at which you want to book profits.
A Stoploss price – the price at which you want to limit your losses.

Once either of the two conditions is met:

The corresponding order is executed immediately.
The other leg is automatically cancelled, ensuring you're not left with an open order that could be accidentally triggered.

✅ Example:

You buy 100 shares of XYZ at ₹200 on Intraday.
You can now:

Set a Target at ₹210
Set a Stoploss at ₹195

If the price hits ₹210 → Your target order is executed, and the stoploss is cancelled.
If it hits ₹195 → Your stoploss is executed, and the target is cancelled.

SLTGT 1.jpg

How to Set SL/TGT Orders on Groww?

➡️When Placing a New Intraday Order:

Select the stock and choose Intraday.
After entering quantity and price, click on “Add SL/TGT”.
Enter your preferred SL and TGT price.
Place the order—your risk and reward are now covered.

➡️For Existing Intraday Positions:

Go to your Positions tab.
Select an open Intraday position.
Tap “Add Stoploss/Target”.
Set your SL and TGT price and confirm.

SLTGT 2.jpg

You can also set SL/TGT for any intraday position through the chart of any existing stock.

Go to your Positions tab.
Select an open intraday position.
Click on “View Chart”.
Tap “Add SL/TGT” on the Chart.
Set your SL and TGT price and confirm.
Once you’ve set your levels, you will see the estimated P&L (Profit or Loss) for both legs.
Tap ‘Confirm’ to place the order.

SLTGT 3.jpg

➡️How to track your SL/TGT?

You can track your SL/TGT through the position tab.

Head to the ‘Positions’ section in the app.
Tap on the intraday stock you've placed the SL/TGT order on.
Tap on the position to view your active Target and Stoploss levels.

You can also find your open stoploss/target orders in the ‘Orders’ tab:

Go to the 'Stocks' section on the home screen.
Tap on the 'Orders' tab.
Select the order to view your active Target and Stoploss levels.

image (1).png

Margin & Quantity Details

No extra margin required – These are exit orders linked to your existing position.
Applies to full quantity – By default, the SL/Target order is set for the full size of your position. You can adjust the quantity if needed.
Valid for the day only – Just like intraday orders, SL/Target orders expire at market close if not triggered.

Why Use a SL/TGT Order?

Benefit	Why It Matters
Protect profits	Exit your trade when your desired profit is reached
Limit losses	Define the max loss you're willing to take—automatically exit if hit
Automated control	No need to watch the screen all day—system handles exits
Peace of mind	Helps reduce emotional trading and panic decisions