The AlgoRishi Blog

Daily SENSEX trade reviews straight from the machine — every win, every loss, every reason. Plus trading school that actually makes sense.
2 NEW ARTICLES EVERY DAY · TRACKED ON REAL PRICES
Trading School Volume, spreads and the ₹3 option that costs you 67% to enter23 September 2026Why the cheapest SENSEX weekly strikes cost the most to trade, how the bid-ask spread taxes every round trip, and why your stop-loss filled low. Read the full story →
Daily P&L Review Four trades, 32 minutes, ₹20,705 — and 73% of it came from one position23 September 2026Our full SENSEX session for 23 September 2026: four trades, all green, all done before 10:30 AM — plus the uncomfortable number inside a good day. Read the full story → Trading School What one 5-minute SENSEX candle actually records (and what it throws away)22 September 2026Before hammers and dojis: the four numbers inside every candle, why the wick matters, and why the index candle is not your option premium. Read the full story → Daily P&L Review Five trades, one loser of ₹45, and a ₹65,408 Tuesday on SENSEX22 September 2026Our full 22 September SENSEX session, trade by trade: a ₹45 morning loss, a ₹49,073 put, and the three red days September also contains. Read the full story → Trading School Pivot points on SENSEX: the formula behind PP, R1, R2, S1 and S221 September 2026Where those PP, R1, R2, S1, S2 lines on your chart actually come from — the classical formula, a worked SENSEX example, and what pivots cannot tell you. Read the full story → Daily P&L Review One trade, ₹2,070, and then we sat still — SENSEX session review, 21 September21 September 2026Monday 21 Sep 2026: the machine took one SENSEX trade at 09:30, the trailing floor pulled it out for ₹2,070, and it stopped. Full numbers inside. Read the full story → Trading School Previous day high and low: why yesterday's range acts as today's map20 September 2026Delete your indicators and draw two lines. How SENSEX traders use yesterday's high and low — and why a touch is not a break. Read the full story → Trading School Why SENSEX drops when your stocks are green: the names that actually move it19 September 2026SENSEX is 30 stocks weighted by free-float value, not an average. Ten names carry ~60% of it. What that means intraday for SENSEX option traders. Read the full story → Trading School You just lost ₹8,000. The next ten minutes decide your month.18 September 2026Revenge trading explained: why the second loss is usually bigger than the first, and what the ten minutes after a stop-loss cost SENSEX option buyers. Read the full story → Daily P&L Review Six minutes in the market: Friday's SENSEX session, trade by trade18 September 2026Three SENSEX option trades on Friday, six minutes total in the market, ₹12,150 booked. Every entry, exit and rupee explained, plus the month so far. Read the full story → Trading School Overtrading: why more trades usually means less money17 September 2026Every SENSEX options round trip has a fixed toll. The auto-rickshaw arithmetic of trade count, spread cost on a 20-lot, and three numbers to count. Read the full story → Daily P&L Review Expiry Thursday and we took zero trades: the blank row in our log17 September 202617 September 2026: no SENSEX trade taken, ₹0 booked. The full September day-by-day P&L, losses included, and why a blank session is still a decision. Read the full story → Trading School The daily loss limit: why circuit breakers beat willpower16 September 2026How a daily loss limit works in SENSEX weekly options, why a rule protects you better than discipline, and how to set the number honestly. Read the full story → Daily P&L Review Four stop-losses and one winner: the 16 September SENSEX session16 September 2026Down ₹60,435 by 1:19 PM, closed the day at -₹11,293. Every trade, every stop-loss, every rupee from Wednesday's SENSEX options session. Read the full story → Daily P&L Review Stopped out in two minutes: our SENSEX log for 15 September15 September 202615 Sep 2026 SENSEX session review: one PE trade, stopped out in 2 minutes for ₹19,800. Full numbers, month-to-date context, and why the loss was routine. Read the full story → Trading School Drawdown explained: why a 50% loss needs a 100% gain, and how to size for the worst case15 September 2026What drawdown really means, why a 50% fall needs a 100% gain to recover, and how to size SENSEX weekly option lots backwards from your worst losing streak. Read the full story → Trading School Why Your Backtest Lies: Paper Fills vs Real SENSEX Fills14 September 2026Backtests fill you at any price you ask for. Real SENSEX option orders only fill where the market printed. What spread, slippage and tick gaps really cost. Read the full story → Trading School Gap Openings: Why SENSEX Sometimes Opens 400 Points Away From Where It Closed13 September 2026Why SENSEX sometimes opens 400 points away from Wednesday close, why your stop-loss cannot protect you across a gap, and what happens at 9:15. Read the full story → Trading School India VIX explained: why your SENSEX option lost money even when you were right12 September 2026India VIX explained for SENSEX weekly options: why implied volatility can shrink your premium even when the index moves your way. Read the full story → Daily P&L Review Four SENSEX trades, one ₹19,800 stop-loss: our Friday, 11 September11 September 2026A full, honest record of Friday 11 September on SENSEX options: four trades, one big winner, one 60-second stop-loss, and where the month stands. Read the full story → Trading School Expiry-day trading: what changes on Thursday for SENSEX options11 September 2026Why Thursday behaves nothing like Monday for SENSEX weekly options: time value collapse, violent premium moves, thin spreads, and worked numbers. Read the full story → Trading School Lost money on tips? Profit factor is the one number that beats any screenshot10 September 2026Profit factor = gross profit divided by gross loss. A worked SENSEX weekly example, why a 40% win rate can still pay, and four checks before believing it. Read the full story → Daily P&L Review Expiry Thursday cost us ₹26,200: the full SENSEX trade log for 10 September10 September 2026Three SENSEX trades on expiry day: two stops at exactly 22 points, one trailed winner. Minute-by-minute log, running P&L chart, and the month so far. Read the full story → Trading School You win 2 out of 3 trades and still lose money. Here is the arithmetic9 September 2026You win 2 out of 3 trades and still lose money. The expectancy arithmetic behind it, worked through with SENSEX weekly options. Read the full story → Daily P&L Review Two trades, six minutes: our SENSEX session on 9 September9 September 2026Wednesday 9 Sep 2026 SENSEX session, trade by trade: one breakout worth ₹25,107 and one flat exit worth ₹180. Month to date ₹59,452. Read the full story → Daily P&L Review Two minutes in the market: our 8 September SENSEX session, trade by trade8 September 2026One SENSEX trade, 10:14 to 10:16, +₹11,192 — and why most of it came from the leg we sold early. Full September ledger, losses included. Read the full story → Trading School Position sizing: the arithmetic of surviving a losing streak8 September 2026Ten losses in a row leaves one trader at 82% of capital and another at 35%. The SENSEX lot maths behind that gap, worked out step by step. Read the full story → Trading School Trailing stop-losses: locking gains without exiting winners too early7 September 2026How a trailing stop actually works on SENSEX weekly options, with a worked 1-lot example, the too-tight trap, and what changes on Thursday expiry. Read the full story → Daily P&L Review Monday's honest report: 64 setups examined, zero trades taken7 September 2026Our SENSEX engine scored 64 level breaks on 7 September 2026 and rejected every one. Best score 63 against a gate of 65. Here is exactly why. Read the full story → Trading School Why your breakout trade reversed in 90 seconds6 September 2026A SENSEX level break is not the same as a level touch. How fake breakouts are made, why they cost more in weekly options, and what a real hold looks like. Read the full story → Trading School Why the first 15 minutes of the SENSEX day fool breakout traders5 September 2026The opening range is built in 4% of the trading day. Why that box produces so many false breaks on SENSEX weekly options, and what it cannot tell you. Read the full story → Trading School What open interest actually counts - and what rising OI with rising price means4 September 2026Open interest is not volume. A plain explainer for SENSEX weeklies: what the number counts, the four price-OI combinations, and why max OI is not a wall. Read the full story → Daily P&L Review Two small wins, eleven minutes: our SENSEX log for Friday, 4 September4 September 2026A call, then a put, both closed by the trailing floor. +₹3,600 on the day. The full trade table, and the honest cost of an exit rule that protects gains. Read the full story → Trading School How much money do you actually need for one SENSEX options trade?3 September 2026One SENSEX lot is 20 quantity. What a lot really costs, what a 22-point stop actually risks, and the round-trip fees nobody puts in the screenshot. Read the full story → Daily P&L Review Expiry Thursday: 3 trades, ₹38,723 — and one of them made 76% of it3 September 2026SENSEX expiry day, 3 Sept 2026: three trades, 24 minutes of exposure, ₹38,723 on the book. Full trade table, and how a losing move still closed green. Read the full story → Trading School Why option buyers cap risk and option sellers carry margin: the structural difference27 August 2026A SENSEX weekly options explainer: why a buyer pays ₹3,000 and is done, while a seller must keep over a lakh blocked as exchange margin. Read the full story → Daily P&L Review Expiry day cost us ₹19,800 — and the stop-loss did exactly its job27 August 202627 Aug 2026 SENSEX review: one call trade, stopped out at exactly 22 points in 10 minutes for −₹19,800. August month-to-date stands at −₹53,000. Read the full story → Daily P&L Review Three minutes, one trade: our SENSEX session on 26 August26 August 2026A single SENSEX put, entered 10:19 and exited 10:22 on a trailing floor. Full trade log, the day's book, and why August is still in the red. Read the full story → Trading School ATM, ITM, OTM: choosing a strike and what it changes26 August 2026Why the cheapest SENSEX option is rarely the best one. Intrinsic value, time decay, delta and spreads explained for weekly Thursday expiry. Read the full story → Daily P&L Review Down ₹53,229: the day every single loss was a call option25 August 2026Full trade-by-trade log of our 25 August 2026 SENSEX session: 7 trades, 3 wins, 4 stop-losses, minus ₹53,229 on the day and minus ₹47,773 for August. Read the full story → Trading School Delta explained: why an ITM option moves more than an OTM option25 August 2026Why a 100-point SENSEX move pays about ₹1,700 on one strike and ₹300 on another. Delta explained simply, with weekly options examples. Read the full story → Trading School Why your expiry-day option melted while SENSEX went nowhere23 August 2026Theta decay explained with SENSEX weekly options: what time value really is, why Thursday afternoon is a cliff, and how a flat index still costs you. Read the full story → Trading School What Is a SENSEX Weekly Option? Contract Specs Explained for Beginners22 August 2026SENSEX weekly options explained: lot size, strike steps, Thursday expiry, premiums and settlement — the contract specs every Indian F&O beginner should know. Read the full story → Trading School What Is a Level Break — and Why Smart Traders Wait for Confirmation22 August 2026Level breaks and fake breakouts explained: why touching a level is not breaking it, and the confirmation checks (hold, momentum, room) that filter real moves. Read the full story → Trading School Support and Resistance: How Index Traders Actually Map the Day22 August 2026How SENSEX intraday traders map support and resistance: previous day high/low, pivots, and why a level is a zone and not a line. Plain-English, with examples. Read the full story → Trading School SL vs SL-M Orders: The Difference That Decides Whether Your Stop Fills22 August 2026SL and SL-M orders explained for Indian option traders — trigger price vs limit price, why SL orders skip in fast falls, and when each type protects you. Read the full story → Trading School Option Premium Decoded: Intrinsic Value vs Time Value, With Real SENSEX Numbers22 August 2026What makes up a SENSEX option premium — intrinsic value plus time value explained with worked examples, and why time value melts to zero by Thursday expiry. Read the full story →