Dear All , Continuation Patterns are always helpful to identify the trend . In TM , There was Descending Triangular Pattern , While Peak/Bottom is 145.25/103.40$ . On the First Break-Out , It was unable to sustain and came down into the pattern but On 2/3rd of Apex , It gave A Sustainable Break-Out . By Break-Out : Calculations : According to Pattern - Difference between Peak and Bottom = 145.25-103.40means 41.85$ By Breaking Out 145.25$ , Targets will be of [{145.25+(41.85)}]$ That's Equal to 187.10$ Conclusion : Long TM - Targets : 1st : 123/127$ 2nd :130/132$ Stop-Loss : 115.35$ 3rd : 144/146$ By Breaking Out 3rd Target , TM will move to 187.10$ in Medium Term . With Regards , KBMJ Research Analyst (INDIAN)