One can consider to buy this for long term MAX. (1.5 yrs). It is not easy to take out long term targets but one can easily make all time high as their target.
For positional basis initate buy after breakout for a target of 149 - 162 with a SL of 103.
In the last 2-3 trading session NIFTY trading in a downtrend and its formed a falling wedge pattern. Still, it does not give this pattern breakout but if but nifty open with gap up this breakout will happen and possible we will get next target 15175 and 15230+ in the upcoming trading session. 15175-15195 will act as major resistance to reach the final target.