Nifty Bearish Engulfing

There was high OI on 17000 levels on 22nd decemeber derivative data.
23rd doji Candle.
24th open=high, if in the second half, if there is no recovery, nifty will form Bearish Engulfing.
Levels to watch for short term support.
16875
16645
Candlestick AnalysisSupply and Demand

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