FTSE Overview as on Friday, January 30 2015 and future Predictions

UK stocks closes negative after market digested global economic data and political developments in Greece. FOMC also said on Wednesday evening that they would remain “patient” about the timing of the first interest rate hike. The FTSE 100 close at 6811, down 0.2% on the day with energy sector providing a drag after oil major Royal Dutch shell published quarterly result below expectations. There is strong resistance at 6870 level and during the day if market is breaching the level of 6870 on upside, then it can test the level of 6960 with the support of 6800.

TOP GAINER

Name	Close Price	Change %
Diageo	2022.50	3.08
Marks & Spencer	487.80	2.14
Imperial Tobacco	3160	2.03
Unilever	2952	1.90
Reckitt Benck Grp	5720	1.78

TOP LOSER

Name	Close Price	Change %
Enterprise Inns	104.70	3.59
Antofagasta	655	2.75
Johnson Matthey Plc	3297	2.60
Carnival	3000	2.22
BG Group	880.90	1.88

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.

London stock market overview

LSE Overview

 

The London stock market moved closer to year-lows on Friday as crude and metal prices fell amid fears of a renewed global economic downturn.The FTSE 100 Index closed 91.88 points down at 6339.97, slightly above its 2014 low of 6,328, as traders reflected on a week of negative European economic data.The FTSE initially tried to rally during the course of the week, but found the 6600 level be far too resistive and therefore fell all the way through the 6400 level. With that being the case, it appears that this market is ready continue to go much lower, as the FTSE and at most European indices in general look broken at this point. For upcoming session it can move down till 6000 level, and we are most certainly bearish at this point in time.

TOP GAINER

Name	Close Price	Change %
Astrazenca	4300	2.14
Rsa Insur Grp	465	0.43
Bae Systems	444.7	0.41
Brits land Co Reit	680	0.29
Bt Group	369.5	0.14

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TOP LOSER

Name	Close Price	Change %
Man Group	114.1	-4.44
Antofagasta	661.5	-3.57
Morrison Suppermkts	154.4	-3.33
Bhp Billiton	1613.5	-k3.12
Bhp Billiton	293.4	-2.98

FTSE Insights

UK stock market overview

London shares were on their sickbed on Tuesday as investors fretted about the Ebola virus and disappointing economic data, although takeover activity buoyed miners.

The FTSE 100 Index closed 68.07 points adrift at 6495.58 as a fresh case of Ebola in Spain hit shares in airlines and travel companies.Index has shown straigth down side rally and facing support at the level of 6400 as RSI is sustains below the level of 50 and FTSE 100 is trading below the level of 50 DMA & 200 DMA with negative bias . For upcomming session if index breaches the level of 6400 it can test the level of 6300 with the resistance of 6550.

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TOP GAINER

Name	Close Price	Change %
Tesco Plc	182.6	3.31
Anglo American	1375	2
Rio Tinto	3020.5	0.78
Standard Chartered	1129.5	0.04

TOP LOSER

Name	Close Price	Change %
Carnival	2328	-6.69
Enterprise Inns	116.7	-4.03
Intercont Hotels	2244	-3.65
WhitBread	4029	-2.68
Shire	5295	-2.49

U.K. stock market overview

Upbeat news from the UK supermarket sector and falling oil prices put London shares on an upward path on Monday.The FTSE 100 Index closed 35.74 points up at 6563.65 as investors shrugged off worse-than-expected German factory data,but found the 6600 level to be far too resistive.FTSE 100 on chart is showing strength for pull back rally , on hourly charts it's has given the break out above the 50 and it has managing to sustain above 50 DMA and facing resistance from 200 DMA so it can test the level of 6780 breaching of it can show 6900.

TOP GAINER

Name	Close Price	Change %
Hays	122.7	5.87
Antofagasta	706.5	3.82
Barclays	232.3	3.43
Tesco Plc	176.75	2.67
Anglo American	1348	2.55

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TOP LOSER

Name	Close Price	Change %
Tate & lyle	595.5	-0.75
United Utilities	805	-0.62
Legal & Genral	226.8	-0.53
Next	6615	-0.48
Aviva	517	-0.47

FTSE yesterday's Overview

FTSE yesterday's stock market overview

 

London's blue chips ended Tuesday on a weaker note, as investors responded to a data-heavy session against a backdrop of the on-going protests in Hong Kong.With retailers dragging the way lower, the FTSE 100 closed 23.88 points lower at 6,622.72. Technically FTSE 100 is looking week on charts as it has given the break out below the major support level of 6640 and sustain below the level .Index has manages to sustain below 50 DMA & 200 DMA and RSI is also sustain below the level of 50 with negative bias. Now upcoming session the next hurdle is 6600 level, breaching below that can test the level of 6500,6400 with the resistance of 6750.

TOP GAINER

Name	Close Price	Change %
Associat Brit Foods	2679	4.53
Enterprise Inns	124.4	2.39
Royal Bk Scotl Gr	368.2	1.88
Sainsbury	251.5	1.7
Diageo	1785	1.28

TOP LOSER

Name	Close Price	Change %
Next	6605	-3.79
Prudential	1376	-2.72
Marks & Spencer	404.6	-2.6
Legal & general	229.3	-1.97
Aviva	524.5	-1.59

 

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FTSE yesterday's overview

U.K Stock market Overview

 

The FTSE is holding slightly lower come midday with traders focusing on the ever present risk of something going amiss in a conflict and a weak reading on German business confidence weighing on sentiment.Over night the US and its allies carried out a first wave of air strikes against IS targets in Syria. FTSE100 opened on negative note but in first half of trading session it consolidate and in later half it showed upside movement and manages to close above 6700 level in upcoming session upside movement is expected , consolidating above the 6700 and crossing the 6750 level it can test the level 6900 with support of 6600.

TOP GAINER

Name	Close Price	Change %
Fresnillo	779.5	2.7
Vodafone Group	201.9	1.64
Kingfidher	315.8	1.41
Rio Tinto	3146	1.22
Sse	1525	1.06

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TOP LOSER

Name	Close Price	Change %
Centrica	306.4	-2.54
Royal MAtl	416.3	-1.84
Aviva	521.5	-1.51
Old Mutual PLc	185.7	-1.49
Associated British Foods	2852	-1.41

U.K. stock market yesterday's overview

London-listed stocks ended the final session of the week with decent gains, although the final figure was notably lower than the level seen earlier in the day following the Scottish referendum result.Some 55.3% of Scots voted 'no' to independence from the UK while 44.7 voted 'yes', erasing concerns about a break-up which has weighed heavily on market sentiment in recent weeks.

FTSE 100 in the initial week showed selling pressure but have enough support at the level of 6750 and closed the week with green note with the weekly high at 6888.In upcoming session it is looking strong for buying ,managing to sustain above 50 DMA & 200 DMA with RSI is also supporting by trading above 55 level .Index is having strong resistance at 6905 level crossing of it can test the level 7000,7150 with the support of 6750.

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TOP GAINER

Name	Close Price	Change %
3I Group	398.9	3.29
Royal Bk Scotl Gr	366	2.46
Morrison Suppernkts	435.3	2.23
Hays	182	2.02
Carnival	127.9	1.92

TOP LOSER

Name	Close Price	Change %
Rio Tinto	3179	-156
Wolseley	3315	-1.04
Bhp Billiton	1739.5	-1.27
Anglo American	1472	-1.17
Prudential	1413	-1.02