PNB - outperform potential. Breaking gann downtrend

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