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Ascending Channel

SUZLON is all NEW!BSE:SUZLON has been working on debt restructuring past few quarters. Mutual funds added Suzlon to their portfolio in march 2021. FII holding has increased from 3.1% to 4.2% in just one quarter. Vanguard holds 2.57% in Suzlon. All positive news flooding in for Suzlon suggests a "New Suzlon" is on the Horizon. Suzlon looks positive in long term if it holds up and above from the all time Low level. There is fresh Bullish movements in place while Suzlon keeps making Higher High(HH) and Higher Low(HL).
BSE:SUZLONLong
by Vikas_Narayana
GBPUSD - LONGDescription: After a fall the counter GBPUSD started moving upwards from 25th March and form an ascending channel. The price is still in the ascending channel and today the counter hit the bottom line of the channel at the price 1.3771. The formation of the ascending channel indicates the bullish trend of the counter and the trend is expected to continue further. The buying mode of the market may pull the price even more upwards. The stochastic indicator curves are at level 20 which gives additional support to the description. The major levels for this counter are R2 –1.3965 R1 –1.3894 PP –1.3848 S1 –1.3777 S2 –1.3731
Long
by WohlstandMarketsLimited
GOLD(XAUUSD)-BULLISHDescription: After a continuous fall for the past 30 days, the counter XAUUSD’s price started moving upwards and form an ascending channel from 12th March. The formation of the ascending channel indicates the counter is in a strong bullish trend. The previous entry of the counter was at the bottom line of the channel at the price of 1698.87. The buying mood of the market may push the price upwards. The current trend of the counter is expected to continue further. The MACD indicator curves give additional support to the description. The major levels for this counter are R2 –1747.74 R1 –1739.33 PP –1732.70 S1 –1724.18 S2 –1717.66
OANDA:XAUUSDLong
by WohlstandMarketsLimited
USDJPY PREFER LONGDescription: The counter USDJPY forms an ascending channel on 05th February. Since the price is maintaining in the channel and it is still moving upwards. The previous entry of the counter was at the bottom line of the channel at the price of 104.40. The formation of the ascending channel indicates the buying mode of the market. The bullish trend may continue further. The MACD indicator curves give additional support to the description. Only if the counter’s price breaks the bottom line of the channel then there may be a chance of trend reversal. The major levels for this counter are R2 –105.41 R1 –105.17 PP –104.94 S1 –104.70 S2 –104.46
Long
by WohlstandMarketsLimited