AUROBINDO PHARMA : Potential Bearish Crab Pattern on Hourly Chart

• Stock is seen forming a potential Bearish Crab Pattern,( marked by XABCD)  which if unfolds, may take stock to the levels of 1343, 1382 on the upside in the near term.
• The Same levels would serve as Potential Resistances: 1343, 1382, thus the zone in between these levels may serve as Potential Reversal Zone.
• Support levels are 1324, 1279.

Since this is a Reversal & Bearish  Pattern, we may see stock topping out from the reversal zone.This Pattern would get negated, in case stock closed above the reversal zone.