UK Stock market overview

The FTSE closed just marginally above its opening level on Wednesday as investors responded to a drop in German consumer confidence, almost flat trading in the US and expectations for the next day's session, which is due to be significantly move data-heavy.

Coming off a sharp dip seen late afternoon, the FTSE 

ultimately closed 7.9 points higher at 6,830.66.

Index has managing to give closing above 6800 level and indicating it in near upside movement is expected once it manage to cross the level 6900 it can test the level 7000 as  it's sustain above above 50 DMA & 200 DMA with positive bias, It has managing to give closing above zero level line with MACD & Signal line sustain above that which is indicating further upside movement.  

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Stock Pick of the day British sky broadcasting Plc

British sky broadcasting Plc

 RECOMMENDATION BUY

TARGET 895

British Sky Broadcasting Group Plc is consolidating after crossing of falling trend line .The major trend of stock is bearish and it's showing Bounce back from the bottom one can make long position with the strategy of buying from bottom .Stock has gaining strength for buying by showing accumulation with good volumes crossing of the resistance level i.e. 865 it can show the tgt of 895 with 50 DMA acting as good stop loss level at 855.

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CHART FORMATION:-

Stock has given the break out above the falling trend line and managing to sustain above it with positive bias crossing of the level 865 it can show northward journey.

It's managing to trade above 50 DMA & facing resistance from 200 DMA i.e 870 crossing of it can show the level of 895.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 62 crossing of it can test the level of 70.

Fast line has given the break out above slow line and it's sustains above the zero level line with the positive bias.

Bulls and Bears of FTSE 100

 

Top gainer and top losers of FTSE 100

TOP GAINER

Name	Close Price	Change %
Astrazenca	4411.5	2.95
Schroders	2392	2.66
Schroders Nvtg	1890.55	2.52
Smith & Nephew	1064	1.62
3I Group	387.6	1.57

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TOP LOSER

Name	Close Price	Change %
Kingfisher	306.8	-1.67
Anglo American	1573.5	-1.29
Antofagasta	808.5	-1.28
Rio Tinto	3433	-0.72
Itv	209.5	-0.71

United Kingdom stock market overview

London's blue chips ended Thursday's session on a positive note, led by 

Astrazeneca. Increased speculation regarding ECB action, on the heels 

of weaker than forecast readings on the Eurozone economy, were offset 

by a weak report on UK retail sales.

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After making gains both early and late on, the FTSE 100 ultimately closed 

22 points higher at 6,778.

Technically ,FTSE 100 is managing to trade above 6700 level , it has opened 

gap up and showed consolidation through out the session in near future it 

can continue it's major trend  with this it can test the level of 6950.

RSI has manages to sustain above 50 level and given the break out of the 

resistance level at 60 which is indicating further bullishness in the index with 

this covergence  of both the 50 DMA & 200 DMA , indicating strength in the 

index near support at 6600 level.

UK Stock Market Overview

European stocks ended Tuesday's session higher as investors weighed UK 

and US inflation data.

It was another positive finish for London's blue chips on Tuesday, which 

saw a jump at the opening bell followed by relatively steady trading 

throughout the session, with a slight dip seen late in the morning Ultimately, 

the FTSE 100 closed 38.06 points higher at 6,779.31.
 

RSI has trading above the level of 50 and looking strong for buying so in 

upcoming session it can test the level of 7000.

Index has managing to trade above 50 DMA and 200 DMA , DI is also showing 

strength in current trend as it's trading above 25 Level & positive DI is trading 

above negative DI so now index can test the level of 6950 with the support of

6600.

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Stock pick of the day : MAN Group plc, Tuesday, August 19 2014

RECOMMENDATION : BUY

TARGET 121

MAN Group Plc is looking good for buying ,the major trend of stock is bearish but it's showing accumulation from bottom and gaining strength for buying and managing to trade in positive territory from last few trading session. Stock has managing to consolidate near to resistance level i.e 115 crossing of it can show northward journey with stop loss of 111for the tgt of 121.

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CHART FORMATION:-

Stock is showing consolidation near to the resistance level and breaching of it can show upside movement.

It's managing to trade above 50 DMA & facing resistance from 200 DMA i.e.118 crossing of it can show the level of 121.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 60 crossing of it can test the level of 70.

Fast line has given the break out above slow line and it's trading above the zero level line.

In stochastic K% is trading above D% which is indicating strength for buying in the stock

Top Gainers & Losers of FTSE 100, Tuesday, August 19 2014

TOP GAINER

Name	Close Price	Change %
Smith Group	1300	2.69
Astrazenca	4201.5	2.66
Rentokil intial	125.1	1.87
Carnival	2279	1.79
Associat brit Foods	2855	1.71

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TOP LOSER

Name	Close Price	Change %
Brit Land Co Reit	723.95	-0.89
Recitt Benck Grp	5255	-0.66
Land Sec REIT	1092	-0.55
Tata & Lyle	679	-0.37
Rsa Insur grp	437.8	-0.36

Market Overview : Tuesday, August 19 2014

European stocks jumped on news the Ukraine and Russia had made 

headway in talks to solve the crisis.

The FTSE maintained its upwards trend throughout Monday's session, 

ultimately ending 52.17 points higher at 6,741.

It opened on green note and made intra day high at 6750 and closed 

near to it's day high with positive bias so in upcoming  session upside 

movement is expected.

RSI has trading above the level of 50 and looking strong for buying so 

in upcoming session it can test the level of 7000.

Index has managing to trade above 50 DMA and 200 DMA , DI is also 

showing strength in current trend as it's trading above 25 Level & 

positive DI is trading above negative DI so now index can test the 

level of 6950 with the support of 6600.

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