Ajanta Pharma Breaks Above Ascending Triangle

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It is been observed on the hourly chart that the price action breaking above an Ascending Triangle formation, indicating a bullish signal ahead. It has broken the previous resistance levels of 1830-1840 which also indicates and confirms a bullish signal ahead. The target is been measured as per the triangle formation guidelines which also confluence with the another resistance levels at around 1940-1960 levels.

Target1: 1880
Target2: 1940
Stoploss: 1800
Transaction en cours
Transaction en cours
Trade fermée: cible de profit atteinte
Target 1 reached successfully. Regards
ajanthapharmaAscending TrianglePHARMA

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