Tuesday 19 August 2014

Stock pick of the day : MAN Group plc, Tuesday, August 19 2014




RECOMMENDATION : BUY
TARGET 121
MAN 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 and managing to trade in positive territory from last few trading session. Stock has managing to consolidate near to resistance level i.e 115 crossing of it can show northward journey with stop loss of 111for the tgt of 121.

CHART FORMATION:-
Stock is showing consolidation near to the resistance level and breaching of it can show upside movement.
It's managing to trade above 50 DMA & facing resistance from 200 DMA i.e.118 crossing of it can show the level of 121.

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.
In stochastic K% is trading above D% which is indicating strength for buying in the stock

Top Gainers & Losers of FTSE 100, Tuesday, August 19 2014




TOP GAINER
Name
Close Price
Change %
Smith Group
1300
2.69
Astrazenca
4201.5
2.66
Rentokil intial
125.1
1.87
Carnival
2279
1.79
Associat brit Foods
2855
1.71


TOP LOSER

Name
Close Price
Change %
Brit Land Co Reit
723.95
-0.89
Recitt Benck Grp
5255
-0.66
Land Sec REIT
1092
-0.55
Tata & Lyle
679
-0.37
Rsa Insur grp
437.8
-0.36

Market Overview : Tuesday, August 19 2014


 
European stocks jumped on news the Ukraine and Russia had made 
headway in talks to solve the crisis.
 
The FTSE maintained its upwards trend throughout Monday's session, 
ultimately ending 52.17 points higher at 6,741.
 
It opened on green note and made intra day high at 6750 and closed 
near to it's day high with positive bias so in upcoming  session upside 
movement is expected.
 
RSI has trading above the level of 50 and looking strong for buying so 
in upcoming session it can test the level of 7000.
 
Index has managing to trade above 50 DMA and 200 DMA , DI is also 
showing strength in current trend as it's trading above 25 Level & 
positive DI is trading above negative DI so now index can test the 
level of 6950 with the support of 6600.
 
 

U.S. housing data stablises Dollars.


The dollar steadied on Tuesday after Monday's increases on perky U.S. housing information and an ascent in U.S. security yields, however dealers are sitting tight for insights on Federal Reserve approach propositions before they test real safety levels.

The main mover among real monetary standards in Asia was the New Zealand dollar, which shed a half rate point after delicate financial information indicated a stop in the nation's rate climbs.

The U.s. dollar file stood level at 81.612 , after an increase of 0.2 percent on Monday, failing to offer the force to test its 11-month high of 81.716 hit not long ago.

"The lodging information appears to have had an effect on the dollar. Yet the business sector is even now demonstrating no agreeable bearing yet and I see dollar-offering requests above present levels. It appears to be better to play ranges," said Bart Wakabayashi, head of monetary standards at State Street in Tokyo.

The NAHB/Wells Fargo Housing Market list climbed startlingly for the third straight month to month increase to a seven-month high of 55 in August, disregarding the shortcoming of right on time in the not so distant future.

The dollar was additionally supported as U.S. security yields bounced back from lows on Monday, raising the dollar's yield fascination, on any desires for strategic answer for the Ukraine emergency despite the fact that a truce has not been arrived at.

Thursday 14 August 2014

Stock pick of the day : Standard Chartered Plc


Standard Chartered 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.
ADX is trading above25 level, Positive DI has given the break out above negative DI which is indicating strength in the stock for buying.

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


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
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.