Trigger price for stoploss sell orders cannot be below the lower circuit price.
Last updated 21 June 2026
Trigger price rejected (stop-loss / circuit rule)
Your stop-loss order is rejected because the trigger price is on the wrong side of the last traded price, or outside the day's circuit limits. Fix the trigger price so it follows the stop-loss rule for buy or sell, and keep it inside the circuit range, then place the order again.
When this happens
- 1 The trigger price is on the wrong side of the last traded price for a stop-loss order.
- 2 The trigger price is outside the day's lower or upper circuit limit.
Errors
This applies to broker rejections about the trigger price, such as:
- Trigger price for stoploss sell orders cannot be below the lower circuit price. (Zerodha)
- Trigger price for stoploss buy orders cannot be above the upper circuit price. (Zerodha)
- Trigger price for stoploss sell orders should be lower than the last traded price. (Zerodha)
- Trigger price for stoploss buy orders should be higher than the last traded price. (Zerodha)
- Trigger prices must bracket current price. (Zerodha)
- ORA: Trigger price is less than limit price. (Fyers)
What this error means
A stop-loss order has a trigger price. The order becomes active only when the market reaches that trigger. The broker rejects the order when the trigger price does not follow the stop-loss rule, or when it falls outside the day’s price band (the circuit limits).
The stop-loss rule
For a stop-loss order, the trigger must sit on the correct side of the last traded price (LTP):
- Stop-loss SELL: trigger price must be lower than the LTP.
- Stop-loss BUY: trigger price must be higher than the LTP.
The trigger price must also stay inside the lower and upper circuit limits for that scrip on that day.
How to fix it
- Check the current last traded price (LTP) of the scrip.
- Set the trigger price on the correct side of the LTP, using the rule above.
- Make sure the trigger price is within the circuit limits for the day.
- Place the order again.