Showing posts with label FTSE stock pick of the day. Show all posts
Showing posts with label FTSE stock pick of the day. Show all posts

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.

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.

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.

Monday 10 November 2014

London Stock Market Overview and Stock Pick


The FTSE 100 Index closed 16.09 points to the good at 6567.24. In economic news, September German trade data improved with an increase in Berlin's current account balance to €22.3bn compared with €10.3bn in August.The FTSE showed upside movement through out the week but at the end of session showed profit booking.RSI is managing to trade above 50 level and In ADX is trading above 25 level with positive DI has given break out above negative DI with positive bias.For upcoming session if Index can give break out above the 6600 level on daily charts , it can test the level of 6900 with the support of 6400 .

TOP GAINER
Name
Close Price
Change %
Bhp Billiton
1676
2.95
Anglo American
1364.5
2.67
Capita
1103
2.51
Rio Tinto
3039
2.41
Bg Group
1049.5
2.34


TOP LOSER

Name
Close Price
Change %
Rentokil Initial
116
-5
Rsa Insur Grp
446.2
-3.02
Morrison Supermkts
168.4
-2.38
Man Group
129.3
-1.97
Royal Bk Scotl Gr
374.9
-1.52



Stock Pick of the day : Essentra Plc


RECOMMENDATION Sell
TARGET 653
STOCK SUMMARY:
The short term trend of Essntra Plc is b but from last few trading session it's showing selling pressure and not managing to sustain at higher level. Stock is facing support from the rising trend line and consolidating near to it, breaching of it can show downside movement.One can initiate the short position in the stock below the level of 693 for the target of 653 with stop loss of 620.
CHART FORMATION:-
Stock is looking weak on chart and forming rising wedge pattern .Breaching of the wedge pattern can show downside movement.
Stock is managing to trade below 50 DMA and facing support from 200 DMA Breaching of it can show downside movement.

Technical Chart

INDICATORS:-
RSI is trading below the level of 50 with negative bias & given the break out of rising trnd line which indicating the down side movement in the stock.
In ADX , Negative DI has given the break out of positive DI which is indicating weakness in current trend.
Slow line has given the break out above fast level line with negative bias and about to give break out below zero level which showing selling pressure in the stock.

Thursday 6 November 2014

London stock pick of the day : Arm Holding Plc



Stock of the day

RECOMMENDATION BUY
TARGET 940
The primary trend of Arm Holding Plc is bearish but it has shown recovery from bottom and manages to trade above 50 DMA .Stock is showing strength in buying from last few trading session and trading with positive bias.One can initiates the long position in the stock after crossing of falling trend line at 886 it can test the level of 940 with the stop loss of 860.
 
CHART FORMATION:-
Stock is forming falling wedge pattern and trading in the pattern crossing of the trend line can show northward journey.
Stock is sustaining above 50 DMA and crossing of the resistance level and crossing 200 Dma can show further upside movement

London stock pick of the day
Click to enlarge

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 is trading above 25 level , Positive DI is placed above negative which is indicating strength for buying.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

Wednesday 5 November 2014

UK stock market overview and stock pick of the day


FTSE stock analysis
 
The falling price of crude oil and precious metals left markets struggling to get a grip on Tuesday. The price of a barrel of US light crude fell nearly 3% to about $76.5 a barrel and Brent crude dipped below the$83 mark, dragging the FTSE 100 Index down 34 points at 6453.97. If Index can break above the 6600 level, this market will then go to the 6900 level and given enough time for it with 6400 level is proving to be good support level. FTSE 100 is trading in narrow range of 6430-6510 consolidating in a range.

TOP GAINER
Name
Close Price
Change %
Man Group
129.8
5.19
Associat Brit Food
2783
4.19
Imperial Tobacco
2777
4.12
Legal & General
235.2
1.99
Dly Mail & Gen Tst A
806.13
1.72


TOP LOSER

Name
Close Price
Change %
Bg Group
999.1
-3.56
Bp
430.4
-3
William Hill
354.3
-1.58
Bae Systems
451
-1.46
Bt Group
362.2
-1.39



Stock pick of the day : Petra Diamonds Limited Ord Plc

 
RECOMMENDATION BUY
TARGET 176
The primary trend of Petra Diamonds Limited Ord Plc is bearish but from last few trading session it is not managing to sustain at lower level and showing strengtg for buying.For upcoming session it is looking strong and consolidating near to resistance level i.e. 170 crossing of it can give the target of 176 with the stop loss of 166 .
CHART FORMATION:-
Stock is trading with near to resistance level and consolidating with positive bias crossing of resistance can show northward journey.
Stock is sustaining above 50 DMA and crossing of the resistance level it can test the level of 200 DMA.
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 is trading above 25 level , Positive DI is placed above negative which is indicating strength for buying.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

Monday 3 November 2014

UK stock pick of the day : Spirax – Sarco Engineering Plc

UK stock pick of the day


RECOMMENDATION  : BUY
TARGET                     : 2990


The primary trend of  Spirax – Sarco enginerring Plc is  side ways and it has given the break out of falling trend line and managing to sustain above it positive bias.From last week it is consolidating near to resistance level with positive bias. Stock is looking strong for upcoming session  as it has given the break out of 2820 and sustains above that after crossing of the strong resistance i.e. 2860  it can test the level of 2990 with the stop loss if  2790.

CHART FORMATION:-

Stock is trading with near to resistance level and consolidating with positive bias crossing of resistance can show northward journey.
Stock is sustaining above 50 DMA  and 200 DMA with positive bias.

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 is trading above 25 level , Positive DI is placed above negative which is indicating strength for buying.
Macd & Signal line is  trading above Zero level line which is indicating strength in the stock.

Wednesday 29 October 2014

FTSE stock pick of the day : Cobham Plc


Stock pick of the day for Londaon stock exchange
FTSE stock pick of the day
RECOMMENDATION BUY
TARGET 286
The primary trend of the stock is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is trading with support from the falling tren d line and manages to sustain above the trendline with positive bias.Stock is facing immediate resistance from the level of 279 crossing of it can show fresh buying and it can test the level of 286 after crossing it's 200 DMA at 283 with the stop loss of 274.

CHART FORMATION:-

Stock is trading with support of falling trend line and forming ascending triangle crossing of the level line can show upside movement.
Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement.

Technical analysis chart for Cobham Plc
Click to enlarge


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 with positive bias.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

Tuesday 28 October 2014

UK stock pick of the day : Victrex Plc Ord


Corporate logo of Victex plc : FTSE stock pick of the day
FTSE stock pick of the day

RECOMMENDATION BUY
TARGET 1740
The primary trend of Victrex Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 1580 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 1640 with Sl 1580 for the target 1740.

CHART FORMATION:-
Detailed technical chart of the Victrex Plc stock

Stock is trading with support of falling trend line and facing resistance from the level of 1640 crossing of it can show northward journey.
Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement.

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 with positive bias.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

Monday 27 October 2014

FTSE stock pick of the day : Victrex Plc Ord


FTSE stock pick of the day : Victrex Plc Ord


RECOMMENDATION BUY
TARGET 1740
The primary trend of Victrex Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 1580 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 1640 with Sl 1580 for the target 1740.


CHART FORMATION:-
Stock is trading with support of falling trend line and facing resistance from the level of 1640 crossing of it can show northward journey.
Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement

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 with positive bias.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

Tuesday 14 October 2014

FTSE Stock Pick for Tuesday : Polymetal International Plc



Stock pick of the day for London stock exchange
FSTE stock pick of the day

RECOMMENDATION BUY
TARGET 540
The primary trend of Polymetal International Plc is bullish and from last few trading session stock is showing strength for buying and looking strong on charts.Stock is facing support from the level 468 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 500 with Sl 465 for the target 540.

CHART FORMATION:-
Stock has managing to trade with positive bias and consolidating near to resistance level crossing of it can show northward journey.
Stock is sustaining above 50 DMA & 200 DMA with positive bias.

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 is trading near to25 level , Positive DI is about to give the break out above negative DI with positive bias.

Tuesday 30 September 2014

FTSE stock pick of the day : Intermediate Capital Group Plc


FTSE stock pick of the day

RECOMMENDATION Sell
TARGET
The secondary trend of Intermediate Capital Group Plc is Bullish and from last few trading session it's showing selling pressure and did not manages to sustain at higher level.Stock is facing support from rising trend line , breaching of it can show side movement one can initiates the short position in the stock below the level of 390 with Stop loss of 401 for the target of 370.
 
CHART FORMATION:-
Stock has forming inverted flag pattern breaching of the neck line it can give the target of pole.
It's managing to trade below 50 DMA & 200 DMA , it's 200 DMA is about to give cross over above 50 DMA which is confirming selling in the stock.
 
INDICATORS:-
RSI is trading below the level of 50 and consolidating with negative bias.
MACD & Signal line is manages to sustain below zero level line with negative bias.
ADX, Negative DI is sustaining above the positive DI which is indicating weakness in the stock.