Top Gainers & Top Losers UK Stock Market, Thursday, August 14 2014

Bulls & Bears of UK Stock Market

TOP GAINER

Name	Close Price	Change %
Prudential	1404	2.59
Morrison Supermkts	169	2.11
Land Sec Reit	1066	2.11
Vodafone Group	197.2	1.91
Royal Bk Scotl Gr	384.4	1.87

For free stock picks trial click here

TOP LOSER

Name	Close Price	Change %
Gusbourne	73	-2.67
Rio tinto	3423.5	-2.6
Pearson	1097.75	-2.07
Bt Group	368.6	-1.63
Antofagasta	809	-1.52

UK Stock market Overview, Thursday, August 14 2014

Stock Market Overview

 For free stock picks trial click here

European stocks climbed after the Bank of England (BoE) upgraded its economic 

growth forecast in its Inflation Report on Wednesday. 

The BoE's forecast for the UK economy is that it will grow 3.5% this year, compared 

to an earlier estimate of 3.4%.

In 2015 the Bank expects growth of 3%, up from the previous 2.9% projection.After 

a slow start, the FTSE 100 was up 0.4% at 6,662 by midday, though ex-dividend stocks 

were limiting upside on the index.

It is managing to close above 6600 level from last few trading session so in upcoming 

session further recovery is expected as RSI has trading above the level of 50 and looking 

strong for buying.

Index has managing to trade above 50 DMA and facing resistance from 200 DMA 

crossing of it can test the level of 6850.

Stock Pick of the day : Standard Chartered Plc

Standard Charted PLC

RECOMMENDATION :  BUY

TARGET 1290

Standard Chartered 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 and managing to trade in positive territory from last few trading session. Stock has given the break out above the falling trend line managing to sustain above it for upcoming session crossing of the resistance level i.e 1230 it can show northward journey with stocp loss of 1200 for the tgt of 1290.

CHART FORMATION:-

Stock is given the break out above falling trend line and consolidating near to the resistance level crossing of it can show upside movement.

It's managing to trade above 50 DMA & 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 trading above the zero level line.

Stocks : Top Gainers & Losers of UK Stock market

Today's Bulls and Bears of UK Stock Market

TOP GAINER

Name	Close Price	Change %
Prudential	1368.5	2.2
Associat Brit Foods	2769	1.99
Smith & Nephew	1023	1.39
Schroders Nvtg	1820	1.11
Bae Systems	433	1.03

For free stock picks and FOREX signals trial click here

 

TOP LOSER

Name	Close Price	Change %
Johnson Mattey Plc	2960	-1.33
Tesco Plc	243.3	-1.2
Rexam	500	-1.19
Anglo American	1586	-1.03
Astrazeneca	4098.5	-1.01

UK MARKET OVERVIEW : Wednesday, August 13 2014

 
UK market overview

UK stocks had practically clawed back all of their losses come the end of 

trading on Tuesday as investors continued to watch geopolitical 

developments across the globe.

The FTSE 100 was down just 0.01% at 6,632 by the close, having touched a 

low of 6,617.31 early on. 

Index has trading in narrow range of 6600 to 6650 for upcoming session 

if it is managing to give closing above 6600 level crossing of 6650 level 

it can test the level  of 6700,RSI has trading above the level of 50 and 

looking strong for buying. 

Index has managing to trade above 50 DMA and facing resistance from 

200 DMA crossing of it can show further upside movement.

For free stock picks and FOREX signals trial click here