Algo Trading. How to place stop loss on NIFTY? Fyers , Python

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Placing stop loss 

lossType=risk.get()

if(lossType==1):

            if(checkBank()):

                exitOrder()

                break

        elif(lossType==2):

            if((ltp-float(avgPrice.get()))<(-int(spin2.get()))):

                exitOrder()

                break

def checkBank():

    data = {"symbols":"NSE:NIFTY50-INDEX"}

    out=fyers.quotes(data)

    ltp=out["d"][0]["v"]["lp"]

    if((strikeName.get().endswith("CE"))and(ltp<=int(spin1.get()))):

        return 1

    elif((strikeName.get().endswith("PE"))and(ltp>=int(spin1.get()))):

        return 1 




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