Friday, 21 November 2014

AUD-CAD Forex Technical Report


Daily Technical Report

Pivot Points


S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD 1.2429 1.2466 1.2502 1.2539 1.2575 1.2612 1.2648
GBP/USD 1.5530 1.5580 1.5637 1.5687 1.5744 1.5794 1.5851
USD/JPY 116.38 117.05 117.63 118.30 118.88 119.55 120.13
USD/CHF 0.9498 0.9524 0.9555 0.9581 0.9612 0.9638 0.9669
AUD/USD 0.8494 0.8529 0.8573 0.8608 0.8652 0.8687 0.8731
EUR/GBP 0.7905 0.7937 0.7964 0.7996 0.8023 0.8055 0.8082
USD/CAD 1.1186 1.1237 1.1268 1.1319 1.1350 1.1401 1.1432
NZD/USD 0.7745 0.7775 0.7823 0.7853 0.7901 0.7931 0.7979


Today's Chart: AUD/CAD ( HOURLY )

Technical Chart

SUMMARY:
AUD/CAD is in consolidating phase, in its hourly chart prices are not sustaining at lower levels & consolidating with a positive bias. If AUD/CAD breaks the level of 0.9780 & sustains above it then, can come up to the levels of 0. 9820 in today's session. Prices are taking support of 30 DMA & can come up to test 200 DMA. RSI & Stochastic is also supporting the buying for intraday positions.

STRATEGY :- AUD/CAD is looking strong on charts. Indicators are also supporting the same. One can go for buy on dips strategy for this pair for intra day to mid term positions

Wednesday, 19 November 2014

UK Stock Market Last Session's Overview


London Stock Exchange
London shares closed comfortably in positive territory on Tuesday on upbeat economic news and strong corporate results.The FTSE 100 Index closed 37.16 points ahead at 6709.13 as UK house prices reached a new high in September, according to data from the Office of National Statistics (ONS). The FTSE as you can see broke higher during the course of the day on Tuesday, breaking the level of 6700 For upcoming Session market is bullish, and short term correction is expected. It can go higher and probably aim for the 6900 level,with the support of 6600 .

TOP GAINER
Name
Close Price
Change %
Tullow Oil
475
3.01
British Sky Broadcasting Group
890
2.52
Randgold Resources Ltd
4428
2.44
Sports Direct International
651
2.32
Burberry Group
1586
2.07

TOP LOSER

Name
Close Price
Change %
Rio Tinto
3004
-1.77
Reckitt Benckiser Group
5230
-1.69
Ashtead Group
1048
-1.6
Standard Chartered
924.2
-1.29
Easy Jet
1525
-1.23


   Stock pick of the day : Tesco Plc


RECOMMENDATION BUY
TARGET 210
The primary trend of Tesco Plc is bearish and it's consolidating near to resistance level crossing of the resistance can show northward journey .Stock is sustaining above the trend line with positive bias, crossing of the psychological level of 198 it can show fresh buying .One can initiate long position in the stock above the level of 198 with the stop loss of 194 for the target of 210.

CHART FORMATION:-
Stock has given the break out of falling trend line and forming bullish pattern breaching of the level 2000 it can show upside movement.
It's trading above the 50 DMA &facing resistance from 200 DMA with the positive bias.

INDICATORS:-
RSI is trading above the 50 level and showing consolidation , crossing of 60 level it can test the level of 70.
Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

Tuesday, 18 November 2014

FTSE Overview and Stock Pick of the Day


The London market moved higher on Monday as the prospect of a boost for the European economy helped make up for dismal economic news from Japan.The FTSE 100 Index gained 17.6 points to 6671.97 after European Central Bank president Mario Draghi hinted that quantitative easing could be on the cards to boost the lacklustre Eurozone economy.The FTSE initially fell during the course of the session on Monday, but found enough support just above the 6600 level to bounce Index is looking further strong for upcommings session and sustaining above 6600 level it can test 6900 level with support of 6400 level.

TOP GAINER
Name
Close Price
Change %
Vodafone Group
229.15
1.71
United utilities Gr
886.5
1.49
Pearson
1228
1.4
Brit Amer Tobacco
3707
1.33
Anglo American
1372
1.29

TOP LOSER

Name
Close Price
Change %
Standard Chartered
936.3

Hays
125.2

Enterprise Inns
0

Sainsbury


Astrazeneca




Stock pick of the Day : Severn Trent Plc



RECOMMENDATION BUY
TARGET 2095
The primary trend of Severn Trent Plc is bullish and it's consolidating near to resistance level crossing of the resistance can show northward journey. Stock is sustaining above the trend line with positive bias, crossing of the psychological level of 2000 it can show fresh buying. One can initiate long position in the stock above the level of 2000 with the stop loss of 1949 for the target of 2095.

CHART FORMATION:-
Stock has given the break out of falling trend line and forming bullish pattern breaching of the level 2000 it can show upside movement.
It's trading above the 50 DMA & 200 DMA with the positive bias.



INDICATORS:-
RSI is trading above the 50 level and showing consolidation, crossing of 60 level it can test the level of 70.
Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

Monday, 17 November 2014

UK Stock Market Technical Analysis and Stock Pick


UK stock market ended the final session of the week with modest gains, but struggled against weakness among the mining and energy sectors. The FTSE has broke higher during the course of the week, clearing the 6600 level with ease and manage to end the week at 6,648.13, a gain of 12.68 points on the day and 80.89 on the week. Index is looking further strong for upcommings session and sustaining above 6600 level it can test 6900 level continues to be one of the better performing ones in the European region with support of 6400 level.

TOP GAINER
Name
Close Price
Change %
Hays
127.3
2.17
Tesco Plc
195.1
2.07
Sainsbury
268.1
1.13
Kingfisher
296
1.75
Bg Group
1046
1.7

TOP LOSER

Name
Close Price
Change %
Sabmiller
3495
-1.69
Astrazeneca
4651
-1.71
Rexam Imperial Tobacco
442.5
-1.91
Rio Tinto
2848
-0.97
Smith & Nephew
3017
-0.9


UK Stock Pick of the Day : Severn Trent Plc 


RECOMMENDATION BUY
TARGET 2095
The primary trend of Severn trent Plc is bullish and it's consolidating near to resistance level crossing of the resistance can show northward journey .Stock is sustaining above the trend line with positive bias, crossing of the psychological level of 2000 it can show fresh buying .One can initiate long position in the stock above the level of 2000 with the stop loss of 1949 for the target of 2095.

CHART FORMATION:-
Stock has given the break out of falling trend line and forming bullish pattern breaching of the level 2000 it can show upside movement.
It's trading above the 50 DMA & 200 DMA with the positive bias.



INDICATORS:-
RSI is trading above the 50 level and showing consolidation, crossing of 60 level it can test the level of 70.
Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

GBP JPY Forex Technical Analysis



SUMMARY :
GBP/JPY is in uptrend but prices are not sustaining on higher level. It is sustaining on rising trendline & forming a double top formation on higher levels,which is expected to give a breakout downside. If GBP/JPY breaks the level of 181.40 it can come down to the levels of 180.40 . Prices are taking resistance from 30 DMA & consolidating for gaining strength to give down side breakout. RSI is sustaining below the 50 level & showing no strength to breaking it upside & indicating to continue the down trend for this week also. MACD line is sustaining below the Zero line & supporting the downside movement for next few sessions.
 
Technical Chart

STRATEGY :

GBP/JPY is looking weak on charts. Indicators also supporting the same. One can go for sell on higher level strategy for this pair for intra day to mid term positions

Pivot Points for Monday, November 17 2014



S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD 1.2490 1.2502 1.2512 1.2524 1.2534 1.2546 1.2556
GBP/USD 1.5634 1.5649 1.5657 1.5672 1.5680 1.5695 1.5703
USD/JPY 115.79 116.07 116.48 116.77 117.18 117.47 117.88
USD/CHF 0.9572 0.9579 0.9586 0.9593 0.9600 0.9607 0.9614
AUD/USD 0.8709 0.8728 0.8740 0.8759 0.8771 0.8790 0.8802
EUR/GBP 0.7974 0.7980 0.7986 0.7992 0.7998 0.8004 0.8010
USD/CAD 1.1266 1.1273 1.1281 1.1288 1.1296 1.1303 1.1311
NZD/USD 0.7894 0.7911 0.7922 0.7939 0.7950 0.7967 0.7978

Friday, 14 November 2014

UK stock pick of the day : Smith & Nephew Plc


UK stocks rebounded on Thursday, heading for their highest close in over six weeks, as markets shrugged off disappointing economic data in China and were buoyed by speculation that policymakers will take action to avert a global slowdown.The FTSE 100 was up 0.3% at 6,634 by midday - it has not closed above this level since 29 September when it settled at 6,646.6.RSI is managing to sustain above 50 level with positive bias, For upcoming session if index manages to consolidate above 6600 level crossing of 6650 level it can show upside movement till 6900 with the support of 6400.


Stock of the day for Friday
Stock of the Day


RECOMMENDATION BUY
TARGET 1185
The primary trend of Smith & Nephew Plc is bullish and it's consolidating near to resistance level crossing of the resistance can show northward journey. Stock is trading with positive bias and facing resistance from the trend line, crossing of it can test the level of 1185. One can initiate long position in the stock above the level of 1075 with the stop loss of 1035 for the target of 1185.

CHART FORMATION:-
Stock is showing consolidation and sustain at higher level with positive bias.
It's 50 DMA has given the break out above it's 200 DMA which is indicating strength in the stock.

Detailed stock analysis for smith & nephew
Technical Chart

INDICATORS:-
RSI is trading near to level of 70and showing consolidation, Breaching of the resistance level can manage to test further high.
In ADX, Positive DI is placed above negative which is indicating strength for buying.
Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

Thursday, 13 November 2014

UK Stock Pick of the Day and its Technical Analysis


Technical Report of UK stock pick of the day Unilever PLC
Stock of the Day

RECOMMENDATION BUY
TARGET 2675
The primary trend of Unilever Plc is side ways and it's consolidating near to resistance level crossing of the resistance can show northward journey .Stock has shown recovery from the bottom and manages show positive bias from last few trading sessions.One can initiates the long position in the stock above the level of 2575 with the stop loss of 2525 for the target of 2675.

CHART FORMATION:-
Stock is showing consolidation and sustain at higher level with positive bias.
It's trading above 50 DMA and facing resistance from 200 DMA crossing above it can show upside movement

Detailed technical analysis of the UK stock pick of the day unilever plc
Technical chart

INDICATORS:-
RSI is trading near to level of 70and showing consolidation , Breaching of the resistance level can manage to test further high.
In ADX , Positive DI is placed above negative which is indicating strength for buying.
Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

U.K. Stock Market News, Stocks Technical Analysis and Predictions


London Stocks Update
 
U.K. Stock Market Last Session 
News of a big fine in the banking sector and gloomy comments from the Bank of England (BoE) weighed on UK equities on Wednesday, with London's stock market finishing lower for the first time in six sessions. 
A weak start on Wall Street was also pressuring stocks as the benchmark S&P 500 and Dow Jones indices pulled back from record highs. 
The UK's FTSE 100 closed down 0.25 at 6,611. A five-day winning streak had sent the index to 6,627.4 by the end of trade on Tuesday, its highest finish since 29 September. 

Next Session Predictions
For upcoming session if index manages to consolidate above 6600 level crossing of 6650 level it can show upside movement till 6900 with the support of 6400.

TOP GAINER
Name
Close Price
Change %
Anglo American
1364.5
1.68
Vodafone Group
221.99
1.35
Antofagasta
720.5
1.26
Tate & Lyle
636.5
1.19
Rio Tinto
3021
1.17


TOP LOSER

Name
Close Price
Change %
Capita
1048
-6.51
Sse
1536
-2.74
Barclays
229.5
-2.17
Centrica
297
-1.88
Tesco Plc
191.45
-1.8


Tuesday, 11 November 2014

London Stock Pick of the Day : St. Jame's Place Plc


Stock Pick of the Day

RECOMMENDATION BUY
TARGET 795
The primary trend of St. Jame's Place Plc is bullish and it managing to sustain at higher level with positive bias. Stock is managing to consolidate near to resistance level crossing of the resistance can show northward journey. One can initiates the long position in the stock above the level of 755 with the stop loss of 730 for the target of 795.

 
CHART FORMATION:-
Stock is showing consolidation and sustain at higher level with positive bias.
It's 50 DMA has given the break out above 200 DMA which is indicting strength in the stock.
Technical Chart
 
INDICATORS:-
RSI is trading near to the level of 50 and showing consolidation, Breaching of the resistance level can manage to test the level of 70.
In ADX, Positive DI is placed above negative which is indicating strength for buying.
Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.