I've taken a short on Bank Nifty

١٥ يوليو

Bank Nifty is much weaker than Nifty this week and I have entered short for a trade till 51,755 as First target.

٢٢ يوليو

أغلقت الصفقة: تم الوصول للهدف

First target reached at 51,900. Will re-enter once favourable price action shows up for another short trade.
There is structural weakness in BN which is likely to get accentuated no matter what the Union Budget Holds.
Trade the price, not the event!