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PNB - outperform potential. Breaking gann downtrend
PUNJAB NATIONAL BANK
Long
PNB - outperform potential. Breaking gann downtrend
By yossarian121
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Updated
May 25, 2018
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May 24, 2018
PNB took out the downtrend gann channel. If sustains can rally sharply from here
May 24, 2018
Note
Hedge the risk here with some puts. might be just filling the gap of 15th-16th may before resuming downtrend
May 25, 2018
Trade closed manually
Exit longs - nifty has rallied c. 200 points from lows. Risk reward not great on nifty, cutting longs basis that
Gann
yossarian121
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