In the case of buying orders, you can set a stoploss price that is between 1% and 1.01*Lower Circuit limit. For selling orders, it can be as high as 1% above LTP or 0.99*Higher circuit limit.
Circuit Limits 70-130 is trading ABC at 100. The stop loss trigger price for ABC can be described as:
1. SLTP range: 99 to 70.7
2. SLTP ranges for selling orders: 101 to 128.7