Stocks : Top Gainers in the UK market on Friday, August 08 2014

Name	Close Price	Change %
Sage Grp	382.1	3.08
Aviva	502.5	2.61
Legal & General	237.7	2.46
Carnvival	2177	1.97
Land Sec REIT	1035	1.67

Market Overview, August 08 2014

Market Overview

 

 

• UK stocks finished the session at their intra-day lows almost as traders 

  continued to anxiously watch developments between Ukraine and Russia. 

• Nato said that the significant increase of Russian troops near Ukraine 

  over the last few days is of "great concern" amid fears that Moscow 

  is readying to invade. 

• Russia has denied the allegations, saying that comments from Nato 

  are misleading.

• That came as both the Bank of England and the European Central 

  Bank (ECB) decided to keep their respective monetary policy settings 

  unchanged.The FTSE 100 ended the day 0.58% lower at 6,597.37. 

  For upcoming session it has given the closing below 50 DMA & 200

  DMA it can continue  it's downward trend and can test the level of 

  6400 with the resistance of 6700.
  

Stock pick for tomorrow

Stock : Diageo Plc

RECOMMENDATION : BUY

TARGET 1855

Diageo Plc is looking good for buying ,the major trend of stock is bearish but it's showing accumulation from bottom and gaining strength for buying. Stock is facing resistance from 89 EMA breaching of it can show upside movement.Stock is shoeing bounce from bottom if it manages to consolidate near to the resistance level One can initiate the long position in the stock above the level of 1785 with stop loss of 1745 for the target of 1855.

CHART FORMATION:-

Stock is forming falling channel and breaching of it can show upside movement in the stock.

It's managing facing resistance from 89 EMA crossing of it can test the level of 200 DMA at 1819.

INDICATORS:-

RSI has shown bounce back from 30 level and consolidating near to 45 level with positive bias ,in upcoming session crossing of 50 level it can test the level of 70.

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

In Stochastic , K% is trading above D% which is showing strength for buying in the stock.

Stock pick of the Day, August 07 2014

Booker Group Plc

RECOMMENDATION : BUY

TARGET 137.50

Booker Group Plc is looking good for buying ,the major trend of stock is bearish but it's showing accumulation from bottom and gaining strength for buying. Stock is trading above 50 DMA and facing support from 200 DMA, Stock is facing resistance from trend line crossing of it can show upside movement.One can initiate the long position in the stock above the level of 127.50 with stop loss of 122.50 for the target of 137.50.

CHART FORMATION:-

Stock is showing accumulation from the bottom breaching of resistance level can show upside movement,

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

INDICATORS:-

RSI has manages to trade above 50 level and looking strong for buying , breaching of 58 level it can test 70 level.

Fast line has given the break out above slow line and managing to trade above zero level line indicating strength for buying in the stock.

Stocks : Top Losers in the UK market on Thursday, August 07 2014

Name	Close Price	Change %
Man Group	116.7	-4.3
Intercont Hotels	2288	-3.26
William Hill	336.3	-1.52
Whitbread	4162	-1.51
Royal Bk Scotl Gr	347.3	-1.48

Stocks : Top Gainers in the UK market on Thursday, August 07 2014

Name	Close Price	Change %
Dixnos Retail	52.95	1.53
Itv	207	1.37
Next	6780	1.12
Dly Mail & Gen Tst A	829.6	1.11
Glaxosmithkline	1445.5	1.08

UK Market, August 07 2014

• Fears about a possible Russian invasion of Ukraine set off another wave of selling in UK equity markets on 

  Wednesday, with a string of disappointing data also weighing on sentiment. 

• The FTSE 100 finished the session 0.69% lower at 6,636.16, having slipped to a low of 6,588.43 - 

  it has not fallen below 6,600 in intra-day trade since April 17th. The benchmark index is now at its 200-day 

  moving average. 

• The FTSE 100 was up 0.07% higher at 6,682 by the close of trading after finishing Monday's session 

  at 6,677.52 - its lowest close since 10 July .

• In upcoming session it can show short term recovery and can test the level at 6800 with the 

  support of 6550. 

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