Showing posts with label London stock market analysis. Show all posts
Showing posts with label London stock market analysis. Show all posts

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.

Tuesday 11 November 2014

London Stock Market Overview


London stocks market overview
U.K. Stock Market Insights
 
U.K. equity market ended the session on a high, helped by gains across the Pond and hopes of stimulus from China following the weekend's data. The FTSE 100 climbed 44.01 points to end the day at 6,611.25. In London, the stock market was drawn to the psychological 6,600 mark as trading volumes are as thin as news flows, the FTSE showed upside movement and closed at higher level. 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. As FTSE has given the break out 6600 and closed above it in upcoming session it can test the level of 6900 with the support of 6400.



TOP GAINER
Name
Close Price
Change %
Tesco Plc
192.9
4.58
Man Group
133.4
3.17
Tate & Lyle
628
2.95
Rsa Insur Grp
456.8
2.35
Marks & Spencers
477.1
2.34


TOP LOSER

Name
Close Price
Change %
Sainsbury
253.78
-2.99
Centrica
299.8
-0.79
Rio Tinto
3020.5
-0.61
Bp
438.9
-0.54
Sse
1561
-0.51

Thursday 6 November 2014

London stock exchage overview


London Stock Exchange
 
Markets shrugged off fresh economic woes and gold price falls on Wednesday, helped by positive news from retailer Marks & Spencer (M&S). Continental European service sector data came in weak and UK service data also surprised on the downside, slowing to a 17-month low in October. The FTSE had a very positive session on Wednesday, testing the 6550 level and manage to close at higher level at 6539. Index is heading toward 6900 level with the strong buying from every pull back and 6400 level is proving to be strong support level.


TOP GAINER
Name
Close Price
Change %
Mark & Spencer
444.1
9.74
Morrison Suppermkts
162.4
5.94
Associat Brit Foods
2942
5.71
Schroders Nvtg
1981
3.18
United Untilities Gr
865.5
2.79


TOP LOSER

Name
Close Price
Change %
Gusbourne
71.5
-3.38
Kingfisher
285
-2.83
Standard Chartered
936
-1
William Hill
351.8
-0.71
Dly Mail & Gen Tst A
790
-0.57


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

London stock exchange Overview


 
UK stock market overview
London Stock exchange
Banking stocks helped the FTSE to a positive finish on Friday after the Bank of England (BoE) unveiled softer-than-expected requirements for banks' leverage ratios and also thanks in part to an unexpected boost to stimulus from the Bank of Japan announced overnight.


The top tier closed the day 82.92 points higher, for a rise of 137.15.On charts Index is looking further strong as RSI is trading above 50 level with positive bias. Index is showing buying from bottom and has sustain above the 6400 level and  closed above 6500 level which is confirming the strength in the Index.For upcoming week it can test the level of 6800 with the support of 6300.


TOP GAINER
Name
Close Price
Change %
Barclays
240.8
8.2
Royal Bk Scotl Gr
388
6.21
Hays
123.3
4.76
Schroders nvtg
1923
4.34
Schroders
2411
3.43


TOP LOSER

Name
Close Price
Change %
Morrison Suppermkts
154.8
-0.51
Standard Charterd
939.6
-0.42
Tate & Lyle
606
-0.41
Sainsbury
245.5
-0.41
Capita
1097
-0.36

Friday 31 October 2014

London stock market analysis



UK stocks overview
 
London stock exchange closed slightly higher on Thursday, as a strong performance by Smith & Nephew was offset by losses amongst the mining sector. The FTSE fell during the course of the day on Thursday, but found the 6375 level as support and ended up with moderate gains at 9.68 points higher than on the previous day at 6,463.55 and now for upcoming session bullish trend is expected on the charts any pullback between here and there should be a buying opportunity on a short-term basis. If it  Crosses the resistance level 6500 it can show the level of 6600 & 6750 with the support of 6350.

 
TOP GAINER
Name
Close Price
Change %
Smith & Nephew
1054
3.54
Shire
4164
2.18
Carnival
2467
1.82
Intercont Hotels
2337
1.79
Capita
1101
1.76


TOP LOSER

Name
Close Price
Change %
Standard Chartered
943.6
-4.89
Anglo American
1320.5
-2.37
Hays
117.7
-2.24
Bt Group
367.9
-2.02
Antofagasta
690.5
-1.92