London Stock 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.

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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

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 : 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

Stock pick of the day

RECOMMENDATION : Sell

TARGET 314

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 market overview

UK stock market overview

UK stocks ended Monday's session in the red, as investors became increasingly concerned about the referendum on Scottish independence and reacted to reports of ongoing geopolitical tensions amid what was otherwise a fairly quiet session.
 

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The FTSE closed down 20.33 at 6,834.77."After a mixed start, European markets have moved lower throughout the day with the FTSE 100 leading the declines after a weekend poll by YouGov put the 'Yes' vote for Scottish Independence ahead in the polls for the first time," said Michael Hewson, the chief market analyst at CMC Markets UK.

Technically FTSE showed short term correction and opened gap down traded in negative territory , breached the level of 6800 but did not manage sustain below that and closed with moderate loss above the level of 6800.

For upcoming session it can show consolidation face between the range of 6820-6850., crossing of 6850 it can test 6900 & 6950 with immediate support of 6700.

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 Market Today's Overview

UK Stock Market today's overview

UK stocks declined on Friday after hitting an intraday 14-year high the previous session, as investors scaled back risk appetite ahead of the highly-anticipated US non-farm payrolls data.

London's FTSE 100 was trading 0.7% lower at 6,831 by midday after five straight days of gains.

The Footsie edged higher on Thursday to close at 6,877.97, its highest finish since 14 May when it settled at 6,878.49.

During the session the index reached a high of 6,904.86, its highest intraday level since the record 6,950.60 set in late December 1999.

For upcoming week it can consolidate with in a range and can show short term recovery and can test the level of 6800 as profit booking can be seen before breaching of 6910 level.

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Stock pick of the day : Betfair Group Plc

 

Stock pick of the day : Betfair Group Plc

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.

 

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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.

Top Gainers and losers of UK stock market

Top gainers and losers of UK stock market

 

TOP GAINER

Name	Close Price	Change %
Enterprise Inns	125.81	2.79
Barclays	228.1	2.59
Dly Mail & Gen Tst A	891	2.12
Bg Group	1232.5	2.03
Schroders Nvtg	1931.9	1.79

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TOP LOSER

Name	Close Price	Change %
Bhp Billiton	1891	-1.51
Rolls-Royce Hlngs	1024	-0.68
Royal Bk Scotl Gr	349.45	-0.59
3I Group	1103	-0.51
Sse	1488	-0.45

UK stock market Today's overview

 

UK stock market Today's overview

London's FTSE 100 finished higher off its best levels of the day, bolstered by upbeat services data from China and the UK and on hopes for a potential ceasefire between Ukraine and Russia.

The blue-chip index rose for the fourth straight session, at one point reaching an intraday high of 6,898.62, a level not seen since early January 2000.

The FTSE 100 opened  gap up  and sustain at higher 

with positive bias  which indicating the strength on 

current trend.

FTSE100 faced resistance at 6900 level which is 

being quite strong in near term if it manages to 

cross the level of 6900 it can test the level 7000 

with support of 6800. 

Index Is managing to trade above 50DMA & 200 

 DMA & RSI is trading above 65 level it can test the 

level 70 once. 

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Top gainers and losers of U.K. Stock market

Top gainers and losers of U.K. stock market

 

TOP GAINER

Name	Close Price	Change %
Anglo American	1562	2.53
Tesco Plc	230.9	2.37
Tate & Lyle	694.5	2.13
Man Group	120.5	2.03
Aviva	526	1.94

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TOP LOSER

Name	Close Price	Change %
Royal Bk Scotl Gr	351.5	-2.44
Enterprise Inns	122.4	-1.84
Sse	1494	-1.65
Hays	132.9	-1.56
Lloyds Banking Grp	74.85	-1.36

Stock Pick of the day : Amlin Plc

Stock pick of the day

 

RECOMMENDATION BUY

TARGET 464

Amlin Plc is consolidating near to resistance level.The major trend of stock is bearish and it's showing reversal in the stock as from last few trading session it's managing to trade in positive territory and gaining strength for buying by showing accumulation with good volumes.In near future crossing of the resistance level i.e. 452 it can show the tgt of 464 with stop loss at 445.

 

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CHART FORMATION:-

Stock has forming double bottom and showing trend reversal crossing of resistance level it can show the level of 464 as falling trendline will act as resistance level.

It's managing to trade above 50 DMA and facing resistance from 200DMA once can book profit till the 200 DMA.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 62 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

Top gainers and losers of UK stock market

Top gainers and losers of UK stock market

 

TOP GAINER

Name	Close Price	Change %
Itv	218.7	3.55
Mark & Spencer	441	2.58
Bae Systems	456	2.45
Kingfisher	308.6	1.61
Bg Group	1217	1.29

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TOP LOSER

Name	Close Price	Change %
Morrison Suppermkts	173.5	-2.25
Tesco Plc	225.55	-1.91
Schroders Nvtg	1900	-1.55
Shire	4864	-1.2
Glaxosmithkline	1460	-0.98

Top gainers and Top losers : UK stock market

Top gainers and Top losers : UK stock market

 

TOP GAINER

Name	Close Price	Change %
Enterprise Inns	125	4.17
Astrazeneca	4567	1.95
Rsa Insur Grp	485.2	1.91
Imperial Tobacco	2627	1.47
Hays	133.5	1.21

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TOP LOSER

Name	Close Price	Change %
Tesco Plc	229.95	-6.64
Morrison Suppermkts	177.5	-5.03
Sainsbury	290.3	-4.35
Marks & Spencer	429.9	-1.87
Renotkl Intials	126.8	-1.63