Monday 23 February 2015

Top Stock Picks for the Day : Morrison (WM) Super Markets Plc


Top Stock picks of the Day Morrisons
Morrison (WM) Super Markets Plc
 
RECOMMENDATION BUY
TARGET 195
The Major trend of the top stock picks for today Morrison (WM) Super Markets Plc is sideways and it is showing strength for buying. If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 190 upside then it can show upside movement for the target of 195 with the stop loss of 186.

 
CHART FORMATION:-
Stock is trading near its resistance and breaking above that trendline will lead to buying in the chart. Crossing the resistance will lead to upside movement. Stock is trading above the 50 & 200 DMA with positive bias.

Top Stock picks of the Day technical chart
Technical Chart

INDICATORS:-
RSI is trading near to 70.13 level with positive bias, in upcoming session upside movement is expected. Volume is also increasing as pattern is near its breakout.
MACD and Signal line is sustaining above the zero level line.

Thursday 19 February 2015

UK Stock Market last Session's Updates


London Stock Exchange
 
London stocks close flat after investors book profit with Index eases from all time high as markets reviewed positive flow regarding Greece. Greece confirmed on Wednesday that it will request a six-month extension "loan agreement" with its European creditors, but is not willing to continue on the same terms as its existing bailout agreement.
The FTSE 100 hit 15- year high on Wednesday and ended the session down just 0.05 points at 6898.08, retreating after hitting an intra-day high of 6,921.32. If during the day market is breaching the resistance level of 6930 on upside after consolidation, then it can test the level of 7010 with the support of 6880.



TOP GAINER
Name
Close Price
Change %
Royal BK Scotl GR
396.5
2.59
Enterprise Inns
112.3
2.18
WPP
1482
2.14
Standard Chartered
966
2.10
Anglo American
1259
1.94

TOP LOSER

Name
Close Price
Change %
Vodafone Group
225.45
2.51
Brit Land Co Reit
811.5
2.23
Rexam
537
2.01
Land Sec Reit
1223
1.85
Shire
5100
1.64

Wednesday 18 February 2015

UK Stock Pick and Technical Analysis as on Wednesday, February 18 2015


RECOMMENDATION BUY
TARGET 1840
The Major trend of Easy Jet Plc is sideways and it is showing strength for buying. If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 1783 upside then it can show upside movement for the target of 1840 with the stop loss of 1740.

CHART FORMATION:-
Stock is forming inverse Head and Shoulder pattern and buying can be seen in the chart. Crossing the resistance will lead to upside movement. Stock is trading above the 50 & 200 DMA with positive bias.


Technical Chart

INDICATORS:-
RSI is trading near to 62.69 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.

Tuesday 17 February 2015

London Stock Market Update Tuesday, February 17 2015


London stocks finished with a small negative bias as traders waited to see whether the Eurozone's finance ministers, which began their weekly meeting in the afternoon, were able to reach an agreement that would allow Greece to avert a financial crisis.
The FTSE 100 ended the day lower by 16.47 points to 6857.05. If during the day market is breaching the resistance level of 6890 on upside after consolidation, then it can test the level of 6960 with the support of 6840.


TOP GAINER
Name
Close Price
Change %
Tate & Lyle
577
3.41
Antofagasta
750
2.6
Sabmiller
3523.5
1.91
Anglo American
1220.5
1.33
BHP Billiton
1589
1.27

TOP LOSER

Name
Close Price
Change %
Centrica
278.8
2.86
Capita
1135
1.99
SSE
1537
1.98
Astrazneca
4468.5
1.81
Enterprise Inns
110.4
1.52

Stock pick of the Day : Wolseley Plc


RECOMMENDATION BUY
TARGET 3990
The Major trend of Wolseley Plc is sideways and it is showing strength for buying. If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 3915 upside then it can show upside movement for the target of 3990 with the stop loss of 3860.

CHART FORMATION:-
Stock is trading near it's resistance and buying can be seen in the chart. Crossing the resistance will lead to upside movement. Stock is trading above the 50 & 200 DMA with positive bias.

INDICATORS:-
RSI is trading near to 52.70 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.

Monday 16 February 2015

UK Stock Market Overview as on Monday, February 16 2015


MARKET OVERVIEW

UK stock Market Overview 

London stock market was at the greener side on Friday after gains in commodity prices and Brent oil touching the prices of $60 a barrel first time this year. Also on other side hopes increased that Europe can come to an agreement over the future of Greece.
The FTSE 100 rose 0.7% to 6873.52 by the end of trade, its best finish since early September 2014. If during the day market is breaching the resistance level of 6890 on upside after consolidation, then it can test the level of 6960 with the support of 6840.

 
TOP GAINER
Name
Close Price
Change %
BHP Billiton
1569
4.98
Glaxosmithkline
1553
4.54
Rolls-Royce Hldgs
944.5
4.36
BG Group
974.8
4.32
Rio Tinto
3151.5
3.68

TOP LOSER

Name
Close Price
Change %
BT Group
439.1
2.42
Carnival
2900
2.13
Associat Brit Foods
2905
2.06
SSE
1568
2.00
United Utilities Gr
954
1.95

Tuesday 10 February 2015

London Stock Pick for Tuesday, February 10 2015


Technical analysis of the London Stock Pick of the Day Jupiter Fund Management
Jupiter Fund Management Plc
RECOMMENDATION BUY
TARGET 396
The Major trend of Jupiter Fund Management Plc is sideways and it is showing strength for buying. If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 386.50 upside then it can show upside movement for the target of 396 with the stop loss of 378.



 
CHART FORMATION:-
Stock is expecting for breakout of level line and buying can be seen in the chart. Crossing the resistance will lead to upside movement. Stock is trading above the 200 & 50 DMA with positive bias.

UK stock pick of the day technical Chart and analysis : Jupiter Fund Management
Technical Chart

INDICATORS:-
RSI is trading near to 62.21 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.

Monday 9 February 2015

London Stock Exchange Overview and Next Session Predictions




MARKET OVERVIEW

UK stocks falls after stronger U.S data and jump in oil prices. In first part of the day stock had started on the back foot after figures showed that the overall UK trade deficit unexpectedly widened from £1.8bn in November to £2.9bn in December, missing analysts' forecasts for a fall to £1.7bn.
The FTSE 100 finished the day in red with down 0.2% at 6853, as mining stocks tracked metal prices lower. If during the day market is breaching the resistance level of 6890 on upside after consolidation, then it can test the level of 6960 with the support of 6840.

TOP GAINER
Name
Close Price
Change %
Barclays
257.57
2.72
William Hill
388.9
1.89
Schroders
2965
1.72
Royal Bk Scotl GR
383.9
1.64
Aviva
537
1.42

TOP LOSER

Name
Close Price
Change %
Tate & Lyle
573.5
13.69
BG Group
932.7
2.31
Anglo American
1145.5
2.26
BHP Billiton
1505
2.15
Rexam
527.5
1.95



Stock pick of the Day : Aviva Plc


RECOMMENDATION BUY
TARGET 552
The Major trend of Aviva Plc is sideways and it is showing strength for buying. If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 542 upside then it can show upside movement for the target of 552 with the stop loss of 536.

CHART FORMATION:-
Stock is forming Bullish Flag and buying can be seen in the chart. Crossing the resistance will lead to upside movement. Stock is trading above the 200 & 50 DMA with positive bias.

INDICATORS:-
RSI is trading near to 63.74 level with positive bias, in upcoming session upside movement is expected. Volume is also on higher side only.
MACD and Signal line is sustaining above the zero level line.

Friday 6 February 2015

London Stock Exchange Overview as on Friday, February 06 2015


London stock Exchange overview
London Stock Exchange Overview
UK stocks ended with minor gains after mixed Eurozone news. On Thursday session data from UK showed a better-than-expected jump in German factory orders, a contraction in Eurozone like-for-like retail sales, an easing in the growth rate of UK new car registrations. The FTSE 100 finished the day up with minor gains up 0.1% at 6866, earlier in the day prices has bounced strongly after hitting an intraday low of 6808.19.
If during the day market is breaching the resistance level of 6890 on upside after consolidation, then it can test the level of 6960 with the support of 6840.

TOP GAINER
Name
Close Price
Change %
Rexam
538
20.2
BT Group
442
4.49
Smith & Nephew
1198
2.57
BG Group
954.8
2.45
Rolls- Royce Hldgs
918
2.06

TOP LOSER

Name
Close Price
Change %
Astrazeneca
4529
3.39
Vodafone Group
230.9
2.37
Man Group
175.5
2.34
BAE Systems
516.5
2.09
ITV
226
1.99

Thursday 5 February 2015

Stock Pick of the Day for Thursday, February 05 2015 : Barclays Plc


 

London Stock exchange pick of  the day

RECOMMENDATION BUY
TARGET 260
The Major trend of Barclays Plc is sideways and it is showing strength for buying. If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 250 upside then it can show upside movement for the target of 260 with the stop loss of 254.

CHART FORMATION:-
Stock is showing sign for reversal from downside in it. Crossing the resistance will lead to upside movement. Stock is trading above the 200 & 50 DMA with positive bias.

Detailed stock report of UK Stock Barclays PLC

INDICATORS:-
RSI is trading near to 62 level with positive bias, in upcoming session upside movement is expected. Volume is also on higher side only.
MACD and Signal line is sustaining above the zero level line.

Tuesday 3 February 2015

FTSE Overview as on Tuesday, February 03 2015


UK stocks recover from lower levels and closed higher after a choppy session as oil stocks gain. Manufacturing purchasing managers' indices (PMIs) from across the globe came in mixed, with growth picking up in the UK.
The FTSE 100 close at 6782.55, up 0.5% on the day after swinging between gains and losses.
The Index has recovered from lower level of the day and ended in positive note. If during the day market is breaching the resistance level of 6850 on upside after consolidation, then it can test the level of 6940 with the support of 6780.

TOP GAINER
Name
Close Price
Change %
BG Group
934.2
5.33
Sainsbury
267.3
4.66
Antofagasta
672
3.38
BP
437.7
3.12
BHP Billiton
1484
2.84

TOP LOSER

Name
Close Price
Change %
Carnival
2921
2.54
United Utilities GR
1001
2.53
Wolseley
3770
2.38
Kingfisher
335.1
2.25
Severn Trent
2106
2.14


Stock Pick of the day : BG GroupPlc



RECOMMENDATION BUY
TARGET 965
The Major trend of BG Group Plc is Consolidating in higher levels and it is showing strength and reversal from lower levels on charts and we can see upside movement in it. Stock is trading near its resistance of 935. One can initiate the long position in the stock if it breaks the level of 940 it can show upside movement for the target of 965 with the stop loss of 920.

CHART FORMATION:-
Stock is consolidating on higher level and showing sign for reversal movement in it. Crossing the resistance will lead to upside movement. Stock is trading above the 50 DMA with positive bias.

INDICATORS:-
RSI is trading near to 60 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.

Monday 2 February 2015

UK Stock Market Overview as on Monday, February 02 2015


UK Stock Market Overview
London Stock Exchange
UK stocks falls on Friday after Eurozone consumer prices fell more than forecasts and the rate of US economic growth slowed sharply. The Eurozone fell further into deflation in January with consumer prices falling at an annual rate of 0.6% after a 0.2% fall the month before, worse than the 0.5% drop expected. The FTSE 100 close at 6749, down 0.9% on the day and close lowest since 21st January.
The Index has shown weakness and close near two week low and during the day if market is breaching the support level of 6720 on downside after consolidation, then it can test the level of 6640 with the resistance of 6800.

TOP GAINER
Name
Close Price
Change %
BHP Billiton
1443
2.09
Smiths Group
1127
1.53
Anglo American
1113
1.41
Rio Tinto
2925
1.35
DLY Mail& Gen TST A
860.47
1.23

TOP LOSER

Name
Close Price
Change %
Sainsbury
255.40
3.18
Rexam
425
3.03
Morrison Supermkts
179.90
2.70
BT Group
417.90
2.61
Diageo
1970
2.60



Investec Plc

Technical Report of the Investec Plc Stock
Technical Chart


RECOMMENDATION SELL
TARGET 544
The Major trend of Investec Plc is Consolidating in higher levels and it is showing weakness on charts and we can see downside movement in it. Stock is trading near its support of 556. One can initiate the short position in the stock if it breaks the level of 556 it can show downside movement for the target of 544 with the stop loss of 566.

CHART FORMATION:-
Stock is consolidating on higher level and showing weakness for downside movement in it for correction. Crossing the support will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

INDICATORS:-
RSI is trading near to 43 level with negative bias , in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.