Nifty50 what to expect btst / intraday

last two day market showed good bullish momentum and formed a triangle structure now we can see it has given a breakout also there is RSI divergence on 15mins
a triangle breakout and a consolidation is a good formation for next move
based on the length of triangle we can see the 16740-50 levels

Komentarz:

analysis failed ... bank nifty and bank stocks drags both index down... major index movers hdfc ril tcs infy icici bajajfin kotak has big volume from seller is it a sign of bad gdp result

if so we can see gap filling at 16350