If a stock hits its circuit limit, trading in that direction stops — there's no counter-order left at that price for the exchange to match against. That means your Intraday position may not get squared off, and you keep carrying that exposure until the circuit eases or the price starts moving again.
Why can't my position be squared off?
The exchange enforces a price band (circuit limit) on every stock — an upper and lower boundary the price can't move beyond for the day (or session). Once a stock is locked at that boundary, there are no more willing counter-parties at that price, so orders on the locked side simply can't match. Any order priced beyond the band is rejected outright, and pending orders can get cancelled once the price is frozen there.
What if I'd added a Stop Loss to my order?
If you attached a Stop Loss to your Intraday order, it has the same problem — if the price gaps straight through your trigger and into a circuit lock, there may be no liquidity for the stop-loss to execute against either, same as any other order on that stock.
What can I do?
- Try placing a Limit order right at the circuit price — there's sometimes partial liquidity exactly at the band, even when the price can't move further.
- Watch for the exchange to relax or revise the band, which can happen intraday for some stocks.
- If your Intraday position is still open when the market closes because the exchange never let it square off, reach out to support — this is a market-wide liquidity risk, not something Rupeezy's system can force through.
Things to keep in mind
- This isn't a Rupeezy-specific restriction — it's how exchange circuit limits work for every broker's clients on that stock.
- Circuit-lock risk is one of the reasons Intraday trading is inherently riskier on stocks that move sharply or have low liquidity.