Frequently Asked Questions (FAQ)
1. How do I use the Smart Stop Loss and Target Finder tool?
Follow these steps to use the tool:
- Select your country (India or US).
- Enter your share name.
- If you want to check the result with the market price, click on Fetch Market Price.
- If you want to check it with a limit price, toggle the switch for Limit Price and enter the price.
- Select the available risk and reward value or enter a custom risk and reward value.
- Click on Calculate to see your result.
Note: For US stocks, enter symbols like AAPL (Apple) or TSLA (Tesla). For Indian stocks, use NSE stock names. Ensure you enter a valid name to get accurate results.
2. Is this tool free?
Yes, this tool is completely free to use.
3. What should I do if the API response is down?
If the API response is down:
- You can write a message through our Contact Us page.
- Alternatively, use the Limit Price option to calculate your stop loss and target.
4. What should I do if the stock fetch price is wrong?
If the stock fetch price is incorrect:
- Clear your browser cache and try again.
- If the issue persists, contact us for assistance.
5. Can I use this tool for both Indian and US stocks?
Yes, you can use this tool for both Indian (NSE) and US (NYSE/NASDAQ) stocks. Ensure you enter the correct stock name or symbol.
6. What is the difference between market price and limit price?
Market Price is the current price of the stock in the market. Limit Price is a custom price you can enter to calculate stop loss and target based on your desired entry point.
7. How accurate are the results?
The results are based on the inputs you provide (market price or limit price and risk-reward ratio). Ensure you enter valid and accurate data for the best results.
8. Can I use this tool on mobile devices?
Yes, the tool is fully responsive and works on all devices, including mobile phones and tablets.
9. What should I do if I encounter an error?
If you encounter any errors:
- Refresh the page and try again.
- Clear your browser cache.
- If the issue persists, contact us for support.
10. How can I contact support?
You can contact us through our Contact Us page. We’ll respond as soon as possible.