---
title: "Why is a nudge displayed mentioning that the order price is x% above or below the Last Traded Price (LTP)?"
description: "This nudge is displayed when you place a limit order above the LTP for buy orders and below the LTP for sell orders. In these cases, the exchange…"
category: arrow
subcategory: alerts-and-nudges
slug: why-is-a-nudge-displayed-mentioning-that-the-order-price-is-x-above-or-below-the
canonical: https://support.arrow.trade/arrow/alerts-and-nudges/why-is-a-nudge-displayed-mentioning-that-the-order-price-is-x-above-or-below-the/
---

# Why is a nudge displayed mentioning that the order price is x% above or below the Last Traded Price (LTP)?

> This nudge is displayed when you place a limit order above the LTP for buy orders and below the LTP for sell orders. In these cases, the exchange…

## Short answer

This nudge is displayed when you place a limit order above the LTP for buy orders and below the LTP for sell orders. In these cases, the exchange executes the limit order as a market order, which is also called a market protection order. This is because a limit order allows you to buy or sell an instrument at a specific price or a better price.

## Example scenario

The LTP of Axis Bank is ₹965.55. The best bid and offer are at ₹965.50 and ₹966.00, respectively.

## Buy limit order

If you still want to buy the stock at ₹970, you can use stop-loss (SL) or Good Till Triggered (GTT) orders.

Buy limit orders are executed at the limit price or lower than the limit price. If the limit price for a buy order is higher than the LTP, your order will be executed as a market order since the LTP is lower than the limit price.

You place a buy limit order at ₹970 when the LTP of Axis Bank is ₹965.55. Your order is executed at the market price since there is an offer to sell at ₹966, which is lower than the limit price of ₹970.

You receive the stock for ₹966 instead of ₹970 (₹4 less than what you were willing to pay).

## Sell limit order

Sell limit orders are executed at the limit price or higher than the limit price. If the limit price for a sell order is lower than the LTP, your order will be executed as a market order since the LTP is higher than the limit price.

You place a sell limit order at ₹960 when the LTP of Axis Bank is ₹965.55. Your order is executed at the market price since there is an offer to buy at ₹965.50, which is higher than the limit price of ₹960.

Your stock is sold for ₹965.50 instead of ₹960 (₹4.50 more than what you were willing to sell for).

If you still want to sell the stock at ₹960, you can use SL or GTT.

This nudge is displayed only when the limit price is greater than or less than the LTP by 2% for equity and futures and 5% for options.

## Related

- Browse more in [alerts and nudges](/arrow/alerts-and-nudges/)
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Source: https://support.arrow.trade/arrow/alerts-and-nudges/why-is-a-nudge-displayed-mentioning-that-the-order-price-is-x-above-or-below-the/
Publisher: Arrow / iRage Broking Services LLP