Top Stock Picks for the Day : Morrison (WM) Super Markets Plc

Morrison (WM) Super Markets Plc

 

RECOMMENDATION BUY

TARGET 195

The Major trend of the top stock picks for today Morrison (WM) Super Markets 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 190 upside then it can show upside movement for the target of 195 with the stop loss of 186.

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CHART FORMATION:-

Stock is trading near its resistance and breaking above that trendline will lead to buying in the chart. Crossing the resistance will lead to upside movement. Stock is trading above the 50 & 200 DMA with positive bias.

Technical Chart

INDICATORS:-

RSI is trading near to 70.13 level with positive bias, in upcoming session upside movement is expected. Volume is also increasing as pattern is near its breakout.

MACD and Signal line is sustaining above the zero level line.

UK Stock Pick and Technical Analysis as on Wednesday, February 18 2015

Stock Pick for Wednesday, February 18 2015

RECOMMENDATION BUY

TARGET 1840

The Major trend of Easy Jet 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 1783 upside then it can show upside movement for the target of 1840 with the stop loss of 1740.

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CHART FORMATION:-

Stock is forming inverse Head and Shoulder pattern and buying can be seen in the chart. Crossing the resistance will lead to upside movement. Stock is trading above the 50 & 200 DMA with positive bias.

Technical Chart

INDICATORS:-

RSI is trading near to 62.69 level with positive bias, in upcoming session upside movement is expected.

MACD and Signal line is sustaining above the zero level line.

UK Stocks Overview as on Wednesday, January 28 2015

 

UK stocks falls after figure shown that economic growth slowed to just 0.5% in fourth quarter of 2014 due to contractions in construction and production. The FTSE 100 fell 0.6% to 6811.61. Market falls from its highest level in four and a half months. There is strong resistance at 6920 level and during the day if market is breaching the level of 6835 then it can test the level of 6920 with the support of 6720.

TOP GAINER

Name	Close Price	Change %
Centrica	282.70	4.16
SSE	1545	1.91
United Utilities GR	1015	1.70
BP	445.68	1.52
Sage Grp	484	0.83

TOP LOSER

Name	Close Price	Change %
Rolls-Royse Hldgs	879	2.66
ITV	225.90	2.5
Anglo American	1090	2.46
Johnson Matthey Plc	3497	2.02
Pearson	1321	1.86

UK Stock Market Analysis and Stock Pick of the Day

MARKET OVERVIEW

Weakness in the resource sectors limited gains in London on Monday, though equity markets still managed to register their fifth straight day of gains as investors readied themselves for the Christmas break.The FTSE 100 finished 0.5%higher at 6,577, but pulled back after reaching a high of 6,620.95 earlier on. It has not exceeded this level since 8 December when it closed at 6,672.15.The FTSE has rally during the session on Monday, but turned back around as the 6600 level is far too much in the way resistive.Market can show short term correction any pull back rally will be buying opportunity and market can be headed towards 6900 levels.

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TOP GAINER

Name	Close Price	Change %
Enterprise Inns	110	2.8
Compass Group	1107	1.93
Bae Systems	471.3	1.86
Kingfisher	330.1	1.82
Johnson Matthey	3410	1.76

TOP LOSER

Name	Close Price	Change %
Tesco Plc	181	-2.37
Bg Group	886.1	-1.69
Anglo American	1173.5	-1.63
Rsa Insur Grp	445.2	-0.98
Antofasta	738.5	-0.81

UK Stock Pick of the Day : WH Smith Plc Ord 

 

RECOMMENDATION BUY

TARGET 1430

The Major trend of WH Smith Plc Ord is bullish and it's consolidating near to resistance level at higher level with positive bias can show northward journey .One can initiate long position in the stock above the level of 1340 with the stop loss of 1290 for the target of 1430.

CHART FORMATION:-

Stock is showing consolidation at higher level crossing of resistance level can show upside movement

It's trading above 50 & 200 DMA with positive bias.

INDICATORS:-

RSI is trading above the level of 50 and showing consolidation , Breaching of the resistance level can manage to test further high.

MACD and Signal line is manages to give break out above zero level line sustaining above it can sjow upside movement.

UK Stock Market Technical Analysis and Stock Pick

UK stock market ended the final session of the week with modest gains, but struggled against weakness among the mining and energy sectors. The FTSE has broke higher during the course of the week, clearing the 6600 level with ease and manage to end the week at 6,648.13, a gain of 12.68 points on the day and 80.89 on the week. Index is looking further strong for upcommings session and sustaining above 6600 level it can test 6900 level continues to be one of the better performing ones in the European region with support of 6400 level.

TOP GAINER

Name	Close Price	Change %
Hays	127.3	2.17
Tesco Plc	195.1	2.07
Sainsbury	268.1	1.13
Kingfisher	296	1.75
Bg Group	1046	1.7

TOP LOSER

Name	Close Price	Change %
Sabmiller	3495	-1.69
Astrazeneca	4651	-1.71
Rexam Imperial Tobacco	442.5	-1.91
Rio Tinto	2848	-0.97
Smith & Nephew	3017	-0.9

UK 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 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.

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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.

UK stock market overview and stock pick of the day

 

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.

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.

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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

London stock exchange overview and stock pick of the day

Stocks were moving higher in the run-up to the US Federal Reserve's policy announcement on Wednesday afternoon, as some investors were expecting that policymakers might tone down their rhetoric a bit. FTSE 100 was trading around 47 points higher than Tuesday's close at 6,449.03 and now for upcoming session it is looking strong and bullish movement is expected on the charts any pullback between here and there should be a buying opportunity on a short-term chart. Crossing of the resistance level if 6500 it can show the level of 6600 & 6750 with the support of 6350.

TOP GAINER

Name	Close Price	Change %
Enterprise Inns	126	2.27
Sainsbury	250.6	2.16
Old Mutual	190	2.15
Tesco Plc	173.35	2.09
Imperial Tobacco	2645	2.04

TOP LOSER

Name	Close Price	Change %
Capita	1082	-6.48
Rio Tinto	2986	-1.22
Barclays	220.5	-1.12
Standard Chartered	989.35	-0.91
Whitebread	4286	-0.88

Stock pick of the day

 

RECOMMENDATION BUY

TARGET 1475

The primary trend of Close Brother Group Plc is sideways, From last week it is consolidating near to resistance level with positive bias. Stock is expected to be in a bullish trend for upcoming session as it has given the break out of 1410 and sustains above that after crossing of the strong resistance i.e. 1425 it can test the level of 1475 with the stop loss if 1404.

 

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.

 

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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.