Bajaj Auto is showing a reversal to upside due to following reason:
1)3 attempt for reversal this the 4th attempt for
reversal, might break the doji swing high
2) Parallel channel formation/ wedge pattern
3) Doji candle formation indication of reversal.
(Note: Author not responsible for anyone's profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
1)3 attempt for reversal this the 4th attempt for
reversal, might break the doji swing high
2) Parallel channel formation/ wedge pattern
3) Doji candle formation indication of reversal.
(Note: Author not responsible for anyone's profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.