Trading Reflection – Friday, 10 October 2025

Today’s session was a gentle exercise in restraint, rhythm, and clarity. I began with a simple principle: Buy on Dip. The market opened strong, and I watched with patience as price hovered above VWAP and HMA, signaling bullish intent.

Initial Setup

• Entry Zone: ₹25,200 (VWAP support)
• Target: ₹25,240
• Risk: ₹20 premium (ATM option)
• Risk-Reward: 2:1 – a dignified structure

As the day unfolded, I observed a bullish Marubozu candle at 10:15 AM—a full-bodied green candle with no wicks, formed above VWAP. It was a declaration of strength, not noise.

“When the market speaks without hesitation—no wicks, no doubt—we listen.”

Midday Reassessment

Three consecutive candles with equal wicks emerged, signaling indecision. VWAP and HMA flattened. I paused. The rhythm had changed. It was no longer a trending market—it was waiting.

Strike Selection Philosophy

I considered moving to a 20 October expiry instead of the 14th. The logic was clear:

• Reduced time decay
• Wider stop-loss flexibility
• Emotional comfort in execution

I evaluated the 25,450 CE with a delta of ~0.45 and the 25,500 CE with a premium of ₹94. I placed a limit order at ₹75, with SL ₹65 and target ₹90. But as price held firm above ₹97, I reassessed.

“When price runs ahead of value, we do not chase—we pause.”

Closing Reflection

My fair value remained ₹75. The market did not return to it. I chose not to force a trade. I called it a day—with dignity intact—and will return on Monday, 13 October 2025.