My order is getting rejected with the following error – ‘Order price is outside the trade execution range. Try placing the order again

The above mentioned error is appearing because you are attempting to place an order at a price which is outside the Trade execution range (TER) refers to the acceptable price range defined by the exchange within which a trade can be executed. This measure is in place to help manage volatility and ensures that trades are executed within a predefined range. The range for each stock can be found in the stock details page.

Example: If the stock’s price range is 25-35, attempting to place a trade at 22 will result in rejection to maintain adherence to the specified range.