|UK stock Market overview|
The FTSE ended Tuesday's session with a modest rise, as investors weighed
better-than-expected construction data and looked ahead to what is set to
be the busier half of the week.
The FTSE 100 opened gap up and made a intra day high at 6849.50 and
showed down side movement after that and faced enough support at the
level of 6800 and showed bounce back from their and closed on moderate
gain at 6829.17.
FTSE is ready to go higher, and ultimately should continue the up trend
However, the 6900 level above is very resistive, and it is going to take
quite a bit of effort to get above there.If it manages to breach the 6900
level and sustains above that it can test the level of 7000.