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.)