NSE:BHEL The Daily chart in BHEL shows a clear-cut W bottom pattern. Let's call the first cable which crosses Neckline as Point A, and the first support as Point B. when the candle finally crosses the neckline after creating W bottom draw a line from point a to point b. and place it above the neckline that shows the target. It's clearly seen that it has given a significant profit of 58%.
@somalanagaraju6205, Still it's making Pennant pattern So, it's bit hard to tell but if it crosses 72 it may go up to the range of 82 to 86.
Don't forget to apply a bit of your own studies.