PNB - outperform potential. Breaking gann downtrend

155 3 2
PNB took out the downtrend gann channel. If sustains can rally sharply from here
Comment: Hedge the risk here with some puts. might be just filling the gap of 15th-16th may before resuming downtrend
Trade closed manually: Exit longs - nifty has rallied c. 200 points from lows. Risk reward not great on nifty, cutting longs basis that
Do yoou think it will go down
yossarian121 SadashivKashyap
@SadashivKashyap, No that's not what the chart I posted meant - it has outperform potential. But high beta so think futures longs can be hedged with 80 put
yossarian121 SadashivKashyap
@SadashivKashyap, See latest update
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