← AlgoRishi Blog · algorishi.com

Two small wins, eleven minutes: our SENSEX log for Friday, 4 September

4 September 2026 · AlgoRishi
010304 Month-to-date cumulative P&L (signals book, 900 qty virtual) +₹22,973
Tracked on real market prices · virtual capital · past performance is not indicative of future results.

Friday's session gave us two trades. Both were small. Both were green. Total for the day: ₹3,600 on 900 quantity, which works out to four SENSEX points banked across roughly eleven minutes of actual exposure.

That is the whole story. No hero trade, no disaster. If you came here expecting a screenshot of a ₹2 lakh day, this is not that post — and the reason we publish the boring days too is that most trading days are boring, and anyone who only shows you the loud ones is showing you a highlight reel, not a record.

2trades taken
₹3,600day P&L
11 mintotal time in market
₹22,973month to date

What actually happened

The machine's job is narrow. It maps support and resistance levels on SENSEX before the session, waits for price to confirm a break of one of those levels, and only then buys an option in the direction of the break. Every position carries a fixed stop-loss, a scale-out rule, and a trailing floor that ratchets up as the trade moves in favour.

On Friday it found two confirmed breaks.

EntryExitInstrumentEntry ₹Exit ₹QtyExit typeP&L
11:2411:2876700 CE540.80542.80900Trailing floor+₹1,800
12:0712:1476800 PE406.50408.50900Trailing floor+₹1,800

Read the two rows together and something odd jumps out. The first trade was a call — a bet that price breaks upward. Forty-three minutes later the second was a put — a bet that price breaks downward. Same day, opposite directions, both profitable.

The machine has no opinion about where SENSEX "should" go. It has an opinion about what a confirmed break looks like. When the tape broke up, it bought a call. When the tape broke down, it bought a put. Direction is an output, not an input.

Why both trades ended in four to seven minutes

Neither trade was closed by a target and neither was closed by a stop. Both were closed by the trailing floor — and understanding that mechanism is the most useful thing in this post.

Think of an auto-rickshaw meter running in reverse. When you enter, the floor sits well below your entry price — that is your stop-loss, the maximum you have agreed to lose. As the option gains, the floor climbs behind it. Once the floor climbs above your entry, the trade can no longer lose money. It can only give back some of what it made.

Then price ticks back into the floor, the floor is hit, and you are out. That is exactly what happened twice on Friday.

How a trailing floor closes a trade price time in trade entry price floor starts here (stop-loss) peak exit: price meets floor floor ratchets up, never down
The green line is the option price. The red dashed line is the floor, which only ever moves up. The trade ends where they meet.

The honest part

Two points captured per trade is thin. The floor did its job — it protected the gain — but a two-point exit means the move it was riding did not extend. On a day where a break runs 30 or 40 points, the same rule keeps you in and the number at the bottom looks very different. On Friday, the breaks did not run.

A rule that exits you small on quiet days is the same rule that exits you small on big days if the move dies early. You do not get to keep the protection and delete the cost of it. Anyone selling you an exit method with no giveback is selling you a story.

There is also a size fact worth stating plainly: 900 quantity is 45 lots of SENSEX at a lot size of 20. Two points on 900 quantity is ₹1,800. Two points on a single lot is ₹40. Same trade, same skill, wildly different rupee headline. When you see a P&L number anywhere online — ours included — the first question is always on what quantity.

Where September stands

Three sessions have produced trades this month. The first was negative at −₹19,350. Wednesday the 3rd was +₹38,723. Friday added +₹3,600. That is +₹22,973 month to date — and note that a single strong day is carrying it, with a loss day and a small day either side.

Tuesday the 2nd does not appear in that list at all, because the machine took zero trades. No level broke with confirmation, so nothing was bought. A blank row in a trade log is not a failure; on most days it is the cheapest decision available.

If you keep your own trade log, add a column for "trades taken" alongside P&L. A month of small green days with three zero-trade sessions tells a very different story from a month of the same P&L earned by trading every single day.

We publish these every session the market is open, win or lose. Monday's log will be here whichever way it goes.

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.