If you lost money on the SENSEX on Friday afternoon, we want you to know something: so did we. Between 2:36 PM and 2:37 PM we handed back ₹19,800 on a single trade. One minute. One stop-loss. Gone.
We still finished the day green — ₹5,723 — because one trade earlier in the morning did the heavy lifting. But we are not going to bury the ugly trade at the bottom of the page, because the whole point of this blog is that you get to see the full card, not the highlights reel.
| In | Out | Strike | Qty | Exit type | P&L |
|---|---|---|---|---|---|
| 10:22 | 10:22 | 74300 CE | 900 | Trailing floor | −₹2,745 |
| 10:34 | 10:34 | 74400 PE | 900 | Trailing floor | +₹2,655 |
| 11:13 | 11:15 | 74300 CE | 460 left | Trailing floor | +₹25,613 |
| 14:36 | 14:37 | 74800 CE | 900 | Stop-loss | −₹19,800 |
The 10:22 AM trade was a 74300 call bought at ₹577.05. It was out at ₹574 in the same minute. A loss of ₹2,745 — barely three points of premium.
Twelve minutes later the machine went the other way: a 74400 put at ₹471.25, out at ₹474.20, again inside the same minute. A gain of ₹2,655.
Two trades, opposite directions, net +₹90 minus costs. That is what a choppy, indecisive market does to a system that only trades confirmed breaks of a level. The break happens, the machine goes, the move fails to follow through, and the trailing floor pulls it out before the small loss becomes a large one.
At 11:13 AM the machine bought the 74300 call again — same strike, 20 minutes later, at a higher price of ₹591.85. The level that failed at 10:22 AM broke properly this time.
Two things happened on the way up. First, a scale-out: part of the position was closed into strength, banking ₹8,800 and leaving 460 quantity running. Second, the trailing floor followed the price up instead of sitting still, and it closed the rest at ₹628.40 at 11:15 AM.
Total on that trade: ₹25,613, banked partial included.
Think of it like a batsman in a T20. Three balls defended for no run, and then one ball in the slot that goes over the ropes. The three dots were not mistakes. You cannot hit the fourth ball if you got yourself out on the first one.
Then the afternoon. A 74800 call bought at ₹562.75 at 2:36 PM. Stop-loss hit at ₹540.75 at 2:37 PM. Twenty-two points of premium on 900 quantity: −₹19,800.
There is nothing clever to say about this trade. The break was there, the machine took it, the price went straight the other way, and the fixed stop did exactly what a fixed stop is built to do — it ended the argument in one minute instead of letting it run all afternoon.
Worth noting honestly: three of the four trades were calls, and the only trade that made real money and the only trade that lost real money were both calls. Direction was not the problem on Friday. Follow-through was.
Seven trading sessions so far in September, and the month is at ₹38,975. Here is every one of them, red days included:
| Date | Result |
|---|---|
| 1 September | −₹19,350 |
| 3 September | +₹38,723 |
| 4 September | +₹3,600 |
| 8 September | +₹11,192 |
| 9 September | +₹25,287 |
| 10 September | −₹26,200 |
| 11 September | +₹5,723 |
Two red sessions out of seven, and yesterday's −₹26,200 was the second-worst single day of the month. A green month is not a smooth month. Anyone who shows you a monthly figure without showing you the days inside it is showing you half the picture.
No secret sauce, and nothing you cannot describe in one paragraph. It maps support and resistance levels on the SENSEX before and during the session. It does nothing until a level is broken and the break is confirmed. On entry it places a fixed stop-loss — the same distance every time, not a feeling. If the trade moves in favour, part of it is scaled out and the remainder runs behind a trailing floor that only ever moves up.
Friday was that rulebook on an ordinary day: two flops, one runner, one full stop. Same rules on all four.