Keep in mind that this is a simplified example and doesn't take into account factors like trading fees, slippage, and other considerations. Always make sure to adapt your position size calculation to your individual trading circumstances and risk tolerance.
Example:
Rupee Amount at Risk = 2,000 rupees
Risk per Share = 20 rupees
Position Size = 2,000 rupees / 20 rupees = 100 shares
In this scenario, you could buy 100 shares of the stock while risking a maximum of 2,000 rupees on the trade.