U.K. Stock pick of the day : Berkeley Group Holding

 

RECOMMENDATION BUY

 

TARGET 2490

The primary trend Berkeley Group Holding is Bearish and from last few trading session it's showing strength of buying.Stock has given the break out of falling trendline and manages to consolidates above it with positive bias, it is facing resistance from 200 DMA crossing of it can show northward journey.One can initiates the long position in the stock above the level of 2401 with stop loss of 50 DMA i.e. 2360 for the target of 2490.

 

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CHART FORMATION:-

Stock has given break out of trendline and forming flag pattern which is indicating buying in the stock.

It's managing to trade above 50 DMA and facing resistance from 200 DMA crossing of it can show upside movement.

 

INDICATORS:-

RSI is trading above the level of 50 and forming downward channel, Breaching of the channel can manage to test the level of 70.

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

ADX is trading above 25 level, Positive DI is about to give break out above negative DI which is confirming strength in the stock.

U.K. stock pick of the day : Croda International Plc

 

RECOMMENDATION BUY

TARGET 2300

The primary trend of Croda International Plc is bullish and from last few trading session it is managing to sustain at higher level with positive bias.Stock is trading with support of falling trend line crossing of it can show upside .One can make a long position in the stock above the level of 2220 with sl of 2170 for the target of 2300.

 

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CHART FORMATION:-

Stock has managing to trade with positive bias and consolidating near to resistance level crossing of it can show northward journey.

It's 200 DMA has given the break out above 50 DMA which is indicating buying in the stock.

INDICATORS:-

RSI is trading above the level of 50 and forming downward channel , Breaching of the channel can manage to test the level of 70.

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

ADX is trading above 25 level , Positive DI has given the break out above negative DI.

UK stock pick of the day : Glaxosmithkline Plc

Stock pick of the day

RECOMMENDATION : BUY

TARGET 1500

The primary trend of Glaxosmithkline Plc is side ways and from last few trading session stock is showing strenght for buying and looking strong on charts.Stock is showing buying from dips and facing resistance from the falling trend line breaching of it can show upside movement .One can make a long position in the stock above the level of 1450 with sl of 1420 for the target of 1500.

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CHART FORMATION:-

Stock has managing to trade with positive bias and consolidating near to resistance level crossing of it can show northward journey.

It's 200 DMA has given the break out above 50 DMA which is indicating buying in the stock.

INDICATORS:-

RSI is trading above the level of 50 and forming downward channel , Breaching of the channel can manage to test the level of 70.

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

ADX is trading above 25 lvel , Positive DI has given the break out above negative DI.

U.K. Stock pick of the day : Glaxosmithkline Plc

U.K. stock pick of the day

RECOMMENDATION BUY

TARGET 1500

The primary trend of Glaxosmithkline Plc is side ways and from last few trading session stock is showing strenght for buying and looking strong on charts.Stock is showing buying from dips and facing resistance from the falling trend line breaching of it can show upside movement .One can make a long position in the stock above the level of 1450 with sl of 1420 for the target of 1500.

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CHART FORMATION:-

Stock has managing to trade with positive bias and consolidating near to resistance level crossing of it can show northward journey.

It's 200 DMA has given the break out above 50 DMA which is indicating buying in the stock.

INDICATORS:-

RSI is trading above the level of 50 and forming downward channel , Breaching of the channel can manage to test the level of 70.

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

ADX is trading above 25 lvel , Positive DI has given the break out above negative DI.

UK stock Pick of the day : Shaftesbury Plc Ord

 

RECOMMENDATION BUY

TARGET 696

The primary trend of Shaftesbury Plc is side ways and from last few trading session stock is showing strenght for buying and looking strong on charts.The level is very crucial earlier it has been the major support level at 676 and it has tested the level now it's acting like the resistance level crossing of it can show upside movement and can test the level of 696 . One can initiates the long position above the level of 676 with sl of 665 for the target of 696.

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CHART FORMATION:-

Stock has managing to trade with positive bias and consolidating near to resistance level crossing of it can show northward journey.

It's managing to trade above 50 DMA and facing resistance from 200 DMA at 679 crossing of it can show further upside movement.

INDICATORS:-

RSI is trading above the level of 50 and forming downward channel , Breaching of the channel can manage to test the level of 70.

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

U.K. Stock pick of the day : Close Brothers Group

 

RECOMMENDATION BUY

TARGET

Close Brother Group Plc is looking strong on charts for buying .The over all trend of stock is Bullish and it is managing to trade with positive biasStock is strength as it's sustaing above both moving averages .In upcoming session it can show upside movement after crossing of the resistance level at 1390 it can test the level of 1490 with the stop loss at 1340.

 

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CHART FORMATION:-

Stock has managing to trade with positive bias and managing to sustain at higher crossing of resistance level it can show upside movement.

It's managing to trade above 50 DMA and 200 DMA with positive bias.

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 sustains above the zero level.

UK stock market overview

 

MARKET OVERVIEW

Weakness in the heavyweight mining sector pushed UK equity markets into the red on Thursday, outweighing a decent performance by financial stocks.Underwhelming interim results from the likes of Morrisons and Next were also weighing on sentiment in London.The FTSE 100 was trading 0.4% Lower at 6,805 by midday.

Index opened on gap up but did not manages to sustain higher and showed negative bias and closed with moderate loss.For upcoming session it will supposed to move in range of 6780-6820.Consolidating in the range can show further upside movement as RSI is trading above 50 level and having scope to test the 70 level as Index is managing to sustain above 50 DMA & 200 DMA so it is also indicating the strength of current trend with support of 6750.

TOP GAINER

Name	Close Price	Change %
Sse	1485	2.77
Itv	216.6	1.98
Enterprises Inns	118.2	1.9
Hays	127.4	1.11
Lloyds Banking	74.08	1.16

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TOP LOSER

Name	Close Price	Change %
Itv	212.5	-2.52
hays	126.2	-1.41
Sainsbury	289	-1.47
Dly Mail	846	-1.25
William Hill	349.6	-1.1

UK stock Pick of the day : Fidessa Group Plc

UK Stock pick of the day

 

RECOMMENDATION BUY

Fidessa Group Plc is looking strong on charts for buying .The over all trend of stock is bearish and facing resistance from the falling trend line. Stock is managing to trade above golden break out so upside movement is expected.In upcoming session it can show upside movement after crossing of the resistance level at 2377 it can test the level of 2550 with the stop loss at 2270.

 

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CHART FORMATION:-

Stock has managing to trade with positive bias from last few trading session , facing resistance from trend line crossing of it can show upside movement.

It's managing to trade above 50 DMA and 200 DMA with positive bias.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 57 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.

UK stock Pick of the day : Carillion Plc Ord

 

UK stock pick of the day

RECOMMENDATION : Sell

 

TARGET 314

 

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STOCK SUMMARY:

The major trend of Carillion plc Ord is sideways 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 328 for the target of 314 with stop loss of 335.

 

CHART FORMATION:-

Stock is looking weak on chart and forming symmetric triangle breaching of support level it can downside movement.

Stock is managing to trade below 50 DMA and 200 DMA , facing resistance from it's 50 DMA which is acting as good stop loss level at 335.

 

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.

UK Stock pick of the day : Betfair Group Plc

 

UK Stock pick of the day

RECOMMENDATION BUY

TARGET 1144

Betfair Group Plc is looking strong on charts for buying .The over all trend of stock is bullish and it has manages to give the break out above the trend line and sustain above that with positive bias.In upcoming session it can show upside movement after crossing of the resistance level at 1101 it can test the level of 1144 with the stop loss at 1080.

CHART FORMATION:-

Stock has given the break out of trend line and forming flag pattern which is continuation pattern crossing of the neck line it can give the target of pole.i.e 1144.

It's managing to trade above 50 DMA and 200 DMA with positive bias.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 57 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.

ADX is trading above 25 level, Positive Di has given the break out above negative DI which is indicating upside movement.