← AlgoRishi Blog · algorishi.com

Three minutes, one trade: our SENSEX session on 26 August

26 August 2026 · AlgoRishi
04071217202526 Month-to-date cumulative P&L (signals book, 900 qty virtual) −₹33,200
Tracked on real market prices · virtual capital · past performance is not indicative of future results.

Three minutes. That is how long we were in the market on Wednesday, 26 August 2026. One position, one scale-out, one trailing exit, and then the machine went quiet for the rest of the day.

1trade taken today
3 mintime in the market
₹14,573day book
−₹33,200August month-to-date

We publish the good days and the bad days with the same font size. Today was a good day. The month is still red. Both of those sentences are true at the same time, and if you only ever read one of them from a trading account on the internet, you are reading an advertisement, not a record.

What actually happened

At 10:19 AM IST the machine bought SENSEX 77,900 puts at an average price of 190.45. A put gains value when the index falls. The engine had mapped 77,900 as a support level in the morning session, watched price break below it, and waited for the break to hold rather than buying the first candle that poked through.

Price moved our way almost immediately. The first job after a position is green is not to dream about how far it can run — it is to take risk off the table. So a portion of the position was sold into that strength, banking ₹8,800 as realised profit before anything else could happen.

The remaining 460 quantity rode the trailing floor. As the premium climbed, the floor climbed behind it. At 10:22 AM the floor was touched and the rest came off at 203.00 — 12.55 points above our entry, worth ₹5,773 on that leg.

TimeActionStrikePriceResult
10:19Buy PE77,900190.45Entry
Scale-out77,900+₹8,800 banked
10:22Trail exit77,900203.00+₹5,773
Day total (book)+₹14,573
locked floor (entry + 3 pts) 10:19 buy 190.45 scale-out 10:22 trail exit 203.00 premium time
Three minutes of a single position: entry, a partial book into strength, then the trailing floor doing the exit.

The cricket version

Think of a batsman who walks in during the 14th over and hits 22 off 9 balls, then gets out trying to clear long-on. Nobody calls that a bad cameo. He did not need to face 40 balls to be useful.

Most of us were taught the opposite in trading. Hold on. Let it run. Be patient. And so we sit through a move that was already handed to us, watch it come back, and exit at the price we could have taken twenty minutes earlier. Our own records show this is the single most expensive habit in the book: over the last month, the gap between the best price a trade reached and the price we actually exited at has been larger than most of our losing days.

A profit that has been booked cannot be given back. A profit on screen can be given back in full, and usually is.

Why only one trade

The machine looks for one specific thing: a support or resistance level that breaks and then holds. It does not have a view on where SENSEX "should" go. It has a list of levels and a rule about what counts as a confirmed break.

On a day when the index chops sideways across a level six times without committing, that rule produces nothing. Nothing is the correct output. The alternative — taking all six — is how most retail F&O accounts drain, one small stop at a time, without a single dramatic loss to point at.

There is also a hard cap of four trades a day. Yesterday, 25 August, that cap mattered: it blocked three afternoon setups on a day where the afternoon session was bleeding, and that block is worth more to us than any single winner this month.

A three-minute winner is not a strategy and one day is not evidence. August is still −₹33,200 across 17 sessions. We report the month-to-date on every single post for exactly this reason.

The month so far

August has been lumpy. Two sessions above ₹40,000 and two below −₹43,000, with a big red 25 August that we wrote about honestly. The chart below this post shows every day, green and red, at the same scale.

What we are watching is not the size of the best day. It is the size of the worst one. A method that makes ₹60,000 on its best day and loses ₹53,000 on its worst is not a method yet — it is a coin with a heavy edge on it. Narrowing that spread is the whole job right now, and afternoon sessions are where the damage keeps coming from.

Tomorrow, Thursday 27 August, is SENSEX weekly expiry. Premiums decay fastest and move hardest on expiry day. Same rules, same caps, same four-trade limit.

Disclosure: AlgoRishi publishes signal tracking on real market prices using virtual capital, for information and education only. Nothing here is investment advice or a recommendation to trade. Futures & options trading involves substantial risk of loss. Past performance is not indicative of future results. AlgoRishi is not a SEBI-registered investment adviser or research analyst.