Reason Being: 1. Formation of Bullish Pennant and It is a Continous Pattern means Prior trend resumes after Breakout. 2. The stock has support in the zone of 78 - 80.
Every Price Action Pattern after breakout provides some Target Range and according to Triangle: Entry Price: Above 81 Target Price: 95 and then 110 View Negated Below: 78 in Closing Basis.
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.