@TUSHARINTRINSIC, Thanks for reaching out to StockShaala.
This is a classic triangle consolidation pattern. We usually determine price targets based on one of,
1. Depth of the triangle pattern
2. Nearest strong support zone
This is also indicated in the chart above. I hope this clarifies your question.
If you do like to hear from us on technical analysis patterns from time to time, please follow Stockshaala and like us :)