Stock forming double top @148 levels and a rising trendline which is simliar to ascending triangle formation.
Break of 148 is necessary for higher tgts of 151 and 155
MACD is overbought zone
Sell below 141 tgt137 and 134
Bank Nifty broke the trendline resistance and is now heading for acid test near 100 DMA @11915 and 50 DMA @ 12079
MACD is giving a buy on daily charts,closing above 100 and 50 dma is mandatory for furthur upmove.