What is the validity of a Protected order on Punch?

Your protection stays active until it gets triggered, the contract expires, or a corporate action takes place.

Written By Archit Sunat

Last updated 27 days ago

Once you set a stop-loss or target on your position using Protection, you do not need to renew or re-apply it every day. It stays in place automatically.

When Does Protection End?

Your protection will remain valid until one of the following happens:

  • The stop-loss or target is triggered — the price reaches your set level, and the exit order is placed.

  • The contract expires — for derivatives (futures and options), protection ends on the expiry date of the contract.

  • A corporate action occurs — events like stock splits, bonus issues, or mergers may reset or cancel the protection.

Do I Need to Set It Again Every Day?

No. Unlike some intraday-only stop-loss orders on other platforms, Punch Protection carries forward across trading sessions. You set it once, and it stays active until one of the conditions above is met.