Pre-Market view:
Yesterday's candle was a a bullish engulfing candle but in view of the sideways rangebound move seen for last two weeks,I donot expect any fireworks on the upside .
Infact, if WXY labels for this sideways moves hold out then
Ya=5634-5722=88
Yb=5722-5658=64
Yc=Ya=88 means 5746
.png)
.png)
Yesterday's candle was a a bullish engulfing candle but in view of the sideways rangebound move seen for last two weeks,I donot expect any fireworks on the upside .
Infact, if WXY labels for this sideways moves hold out then
Ya=5634-5722=88
Yb=5722-5658=64
Yc=Ya=88 means 5746
.png)
.png)
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