Long opportunity in United Spirits

This scrip had recently broke the channel pattern and it had also took a retest in resistance. As this scrip in a rangebound trend for past 6 years and has many Swing Highs which may act as resistance, so have a predetermined SL and Traget.
Swing traders may consider this scrip and may have their SL below the monthly CPR resistance and may exit the trade if there is any sign for down move.