Ajanta Pharma, Breakout of the channel

Updated
Ajanta Pharma was forming lower highs and lower bottoms, it has broken out of that trend and is now moving up in a channel. Long with Tgt 1780. SL: Close below lower trendline.

Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
Trade closed: target reached
exit

Disclaimer