Intraday Target Calculator in India | Free Trading Tool
Intraday Target Calculator
Free Equity Trend Finder
Intraday Target Calculator in India
Intraday target calculator helps Indian traders calculate the correct target price for intraday trades based on entry price, stop loss, and risk reward ratio. Setting a predefined target is essential in intraday trading to lock profits and avoid emotional exits. This free calculator is specially designed for NSE intraday traders.
How Does the Intraday Target Calculator Work?
This calculator calculates the target price using risk-based trading principles.
Steps to use the calculator:
-
Enter your entry price
-
Enter your stop loss price
-
Select your desired risk reward ratio (such as 1:2 or 1:3)
-
The calculator instantly shows the ideal target price
This helps traders plan trades before execution.
Target Price Formula Used
The calculator uses the following formula:
Target Price = Entry Price + (Risk per Share × Risk Reward Ratio)
Example:
-
Entry Price = ₹250
-
Stop Loss Price = ₹245
-
Risk per share = ₹5
-
Risk Reward Ratio = 1:2
Target Price = ₹260
This means the trade aims to make ₹10 profit while risking only ₹5.
Why Setting a Target Is Important in Intraday Trading?
Setting a target helps intraday traders:
-
Book profits systematically
-
Avoid greed and overtrading
-
Maintain discipline
-
Follow proper risk reward rules
Professional traders always decide stop loss and target before entering a trade.
Frequently Asked Questions (FAQs)
What is a target price in intraday trading?
Target price is the predefined level at which traders plan to exit a trade to book profits.
What is a good target for intraday trading?
A target based on a minimum risk reward of 1:2 is considered ideal by most traders.
Can beginners use this intraday target calculator?
Yes, beginners can easily use this calculator to plan trades properly.
Is this calculator suitable for NSE traders?
Yes, this calculator is designed for Indian NSE intraday traders.
Related Calculators
Disclaimer
This calculator is for educational purposes only and does not provide trading or investment advice.