#ACC: Crab Pattern on Weekly Chart 📊
The D targets for the Crab pattern are ₹2892-3522. Interestingly, the stock has formed a shooting star on the weekly chart, signaling a potential dip. Any dip towards ₹2331-2499 can present a good positional opportunity for the next quarter. The larger structure remains bullish, with a stop-loss at ₹2149. Buying near the stop-loss support for the medium term significantly reduces risk and favors rewards for positional players.
Note: The above information is shared for learning purposes. Please do your own research and due diligence before trading. This is not a buy or sell recommendation.
The D targets for the Crab pattern are ₹2892-3522. Interestingly, the stock has formed a shooting star on the weekly chart, signaling a potential dip. Any dip towards ₹2331-2499 can present a good positional opportunity for the next quarter. The larger structure remains bullish, with a stop-loss at ₹2149. Buying near the stop-loss support for the medium term significantly reduces risk and favors rewards for positional players.
Note: The above information is shared for learning purposes. Please do your own research and due diligence before trading. This is not a buy or sell recommendation.