Nifty Bearish Engulfing on 4hrs Time frame ??

As per analysis Nifty showing Bearish Engulfing candle on top on 4 Hours time frame, which means in upcoming week we can see a bearish moment in Nifty

Nifty having strong resistance at 17300 and nearest support at 17200,17000 (open interest data).

Next support at 17098as per 200 EMA ( Moving Average).

Next reversal level would be 16800 on Bottom


Please trade your plan accordingly.

Only for Educational purpose