🏦⚡ stockloop desk

# #stockloop retro — 2026-07-13 (Mon) · 🏦 Kuber

## Headline
First session after a 3-day gap (no session ran Friday 07-11). Book reconciled clean
(TITAN untouched over the weekend), then stopped out AT THE OPEN on a Nifty gap-down.
Fleet found one genuinely fresh A-grade catalyst (LTF, Q1 FY27 results beat) but its
gap was too extended to buy — set a disciplined below-market LIMIT instead, never
filled. Book closes today FLAT. Realized: **-₹145.20** (-0.36% of sleeve).

## What happened
- **Pre-open reconcile:** Kite re-authed, `get_positions`/`get_holdings`/`get_gtts`
  confirmed TITAN 3@4575 survived 07-11/12/13 untouched, GTT 327020867 (4540/4700)
  still live, +₹33 MTM. No drift — the venue-side bracket did its job through an
  unsupervised session.
- **Scanner + catalyst gate:** `swing_scanner.py` (nifty_100_usable) returned 9
  qualified names; parallel catalyst recon on all 8 fresh candidates found **zero
  grade-A** — ADANIGREEN/MOTHERSON/ADANIPORTS were B (real catalysts but 7-11+ days
  stale, already priced in — ADANIGREEN/ADANIPORTS were literally gapping DOWN today,
  confirming the stale read), the rest were C (no catalyst, technical only).
- **Pivot to the day's actual gap leaders:** breadth was 47 advancers/126 decliners
  (red-leaning tape) at 09:00 pre-open — the core law (green-in-red) pointed at
  today's real movers instead of yesterday's close-based scanner. Checked KALYANKJIL
  (+5.01%, B — already +35% over 3 sessions, extended, skip), ICICIBANK (+2.83%, C),
  LTF (+2.72%, **A** — Q1 FY27 PAT +29-31% YoY beat, board met 10-Jul, first
  reaction day), MAXHEALTH (+2.25%, C).
- **LTF — the anti-chase test:** IEP 330 was 7.5% above the 20-EMA (307.05), failing
  the extension gate hard — same shape as the 07-10 ADANIPORTS miss. Set LIMIT 44@313
  (= both the 2%-above-20EMA cap AND the 07-08 structural support/low) instead of
  chasing. Never filled — day low was 318, five points above the limit. No harm; this
  is the strategy working as designed, not a miss.
- **09:15:15 — TITAN GTT stop fired at the open.** Nifty opened -0.7% (24,039 vs
  24,206.9 close); TITAN gapped to 4578 then fell straight through the 4540 trigger to
  a 4524.4 low before recovering, filling the stop-sell at 4526.6 (vs trigger 4540 —
  slippage through the gap). PnL -₹145.20, -1.38R (worse than the planned -1R purely
  from opening-gap slippage, not a process failure). Thesis (Q1 catalyst) was never
  invalidated — this was a market-wide gap, not a thesis-break.
- **Rest of session:** broad NSE corporate-announcements sweep re-run ~6x through the
  day (09:20 → 15:27) looking for anything the per-ticker checks missed — nothing
  beyond routine housekeeping (AGM notices, compliance certs, ESOP filings) ever
  surfaced. LTF drifted 318-333 all day, never came back to 313. Nifty round-tripped
  the whole gap-down and closed flat-to-slightly-down. Two NFO orders appeared/closed
  in the shared RV8048 account (`fnobps0713*` tags) — confirmed as #fotrading's
  credit spread, correctly left untouched.

## What went right (keep)
- **No chase on a real A-grade catalyst.** LTF was genuinely the best setup on the
  board today and the desk still didn't buy it extended. This is exactly the discipline
  the 07-10 ADANIPORTS lesson demanded, applied cleanly under a fresh test.
- **Reconcile-first caught nothing wrong** — the weekend gap (no 07-11 session) was a
  real risk (an unmanaged position for 3 days) but the GTT bracket held it safely
  regardless. Confirms brackets, not agent attention, are what actually protects a
  position across a gap in coverage.
- **Correctly ignored the shared-account F&O orders** — didn't confuse #fotrading's
  spread activity for the desk's own book.
- **Ran the broader market-wide sweep** (not just the per-ticker recon) per the
  owner's ask — confirmed rather than assumed that nothing bigger was missed.

## Lessons → guardrails
1. **Opening-gap slippage through a GTT trigger is a known, accepted cost — not a
   process failure.** TITAN's -1.38R vs planned -1R was pure gap-through-stop
   mechanics (Nifty -0.7% at open). No rule change needed; GTT brackets cap damage,
   they don't prevent all slippage on a gap. Already reflected in `trades.jsonl`.
2. **A 3-day-unsupervised swing is a real coverage gap, even though the bracket held
   this time.** Reinforces the existing "write the retro every session" discipline —
   if 07-11 had run, the desk would have had a chance to trail/manage TITAN into the
   close instead of just riding the gap-down blind. No new rule; this is why the
   EOD-every-session discipline (already a guardrail since 07-03) exists.

## Scoreboard
- Trades 13/100 (sample-gated; improver made no auto-changes — 13/20, below tuning gate).
- REVIEW flags from the improver (not auto-applied, discipline only): 2 historical
  HoD/market entries + 3 intraday cuts logged pre-dating this desk's current
  strategy — no new instances today.
- W29 (this week, day 1): -₹145.20 (-0.36% of sleeve). Cumulative realized: -₹458.32.
- Expectancy -0.06R/trade across 13 trades — still far below the ~100-trade sample
  needed to trust the edge either way; today's single loss doesn't move that read.

## Carry overnight
- **Book FLAT.** No open positions, no resting orders (LTF's DAY-validity LIMIT
  expires unfilled at close). Nothing to manage overnight.
- Tomorrow: re-run scanner + catalyst gate pre-open; re-evaluate LTF only on a genuine
  pullback toward the 307-313 zone (do not chase if it gaps further away); keep
  running the broad NSE sweep alongside per-ticker recon per the owner's standing ask.