UK stock pcik of the day : Imperial Tobacco plc

UK stock pick of the day

RECOMMENDATION BUY

TARGET 2778

The primary trend of Imperial Tobbacco Plc is side ways and from last few trading session stock is showing strength for buying and looking strong on charts.Stock is managing to trade above 50 DMA and facing resistance from 200 DMA , crossing of near resistance level i.e. 2685 with sl of 2645 for the target of 2778.

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 facing resistance from 200 DMA breaching of the 200 DMA can test the level of 2778.

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 ia about to give the break out above negativeDI with positove bias.

MACD & Signal Line is managing to trade above zero level line.

FTSE Overview

 

FTSE overview

London shares ended Thursday on a low note as more economic gloom in Europe overshadowed hints of delays to US interest rate rises.The FTSE 100 closed 50.39 points adrift at 6431.85 after downbeat economic news in the UK and mainland Europe, which included a report showing that German exports in August registered their deepest monthly decline since January 2009. Index has opened on positive note but did not manages to sustain at higher level and showed down side movement after ward and breached the major support level of 6400 which is giving very negative sign now sustain below the level can test the level of 6000.

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TOP GAINER

Name	Close Price	Change %
Hays	124.8	4
Severn Trent	1897	2.54
Rio Tinto	3053	2.14
Antofagsta	686	1.63
Sainsbury	230.2	1.35

TOP LOSER

Name	Close Price	Change %
Kingfisher	296.8	-5.08
Vodafone Group	197.35	-3.04
Itv	200.1	-2.77
Aviva	499.3	-2.67
Schroders	2234	-2.36

FTSE stock pick of the day

Coca Cola Hbc Ord

RECOMMENDATION BUY

TARGET 1399

The primary trend of Coca Cola Hbc Plc is side ways and from last few trading session stock is showing strength for buying and looking strong on charts.Sto ck is showing buying from dips and facing resistance from the falling trend line breaching of it can show upside movement .One can make a long position in the stock above the level of 1345 with sl of 1315 for the target of 1399.

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 facing resistance from 200 DMA breaching of the 200 DMA can test the level of 1399.

U.K. Stock pick of the day

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 has given the break out above negative DI which is confirm strength in the buying side.

FTSE Insights

UK stock market overview

London shares were on their sickbed on Tuesday as investors fretted about the Ebola virus and disappointing economic data, although takeover activity buoyed miners.

The FTSE 100 Index closed 68.07 points adrift at 6495.58 as a fresh case of Ebola in Spain hit shares in airlines and travel companies.Index has shown straigth down side rally and facing support at the level of 6400 as RSI is sustains below the level of 50 and FTSE 100 is trading below the level of 50 DMA & 200 DMA with negative bias . For upcomming session if index breaches the level of 6400 it can test the level of 6300 with the resistance of 6550.

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TOP GAINER

Name	Close Price	Change %
Tesco Plc	182.6	3.31
Anglo American	1375	2
Rio Tinto	3020.5	0.78
Standard Chartered	1129.5	0.04

TOP LOSER

Name	Close Price	Change %
Carnival	2328	-6.69
Enterprise Inns	116.7	-4.03
Intercont Hotels	2244	-3.65
WhitBread	4029	-2.68
Shire	5295	-2.49

FTSE Stock of the day : Coca Cola Hbc Ord

U.K. stock pick of the day

RECOMMENDATION BUY

TARGET 1399

The primary trend of Coca Cola Hbc Plc is side ways and from last few trading session stock is showing strength for buying and looking strong on charts.Sto ck is showing buying from dips and facing resistance from the falling trend line breaching of it can show upside movement .One can make a long position in the stock above the level of 1345 with sl of 1315 for the target of 1399.

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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 facing resistance from 200 DMA breaching of the 200 DMA can test the level of 1399.

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 has given the break out above negative DI which is confirm strength in the buying side.

U.K. stock market overview

Upbeat news from the UK supermarket sector and falling oil prices put London shares on an upward path on Monday.The FTSE 100 Index closed 35.74 points up at 6563.65 as investors shrugged off worse-than-expected German factory data,but found the 6600 level to be far too resistive.FTSE 100 on chart is showing strength for pull back rally , on hourly charts it's has given the break out above the 50 and it has managing to sustain above 50 DMA and facing resistance from 200 DMA so it can test the level of 6780 breaching of it can show 6900.

TOP GAINER

Name	Close Price	Change %
Hays	122.7	5.87
Antofagasta	706.5	3.82
Barclays	232.3	3.43
Tesco Plc	176.75	2.67
Anglo American	1348	2.55

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TOP LOSER

Name	Close Price	Change %
Tate & lyle	595.5	-0.75
United Utilities	805	-0.62
Legal & Genral	226.8	-0.53
Next	6615	-0.48
Aviva	517	-0.47

U.K. stock pick of the day : Reed Elsevier Plc

RECOMMENDATION Sell

The secondary trend of Intermediate Reed Elsevier Plc is Bullish and from last few trading session it's showing selling pressure and did not manages to sustain at higher level.Stock is facing support from rising trend line , breaching of it can show side movement one can initiates the short position in the stock below the level of 970 with Stop loss of 1000 for the target of 912

CHART FORMATION:-

Stock is consolidating with negative bias breaching of the support level can show the down side movement.

It's managing to trade below 50 DMA and facing support from 200 DMA breaching of the 200 DMA can show further negative movement.

INDICATORS:-

RSI is trading below the level of 50 and consolidating with negative bias.

MACD & Signal line is manages to sustain below zero level line with negative bias.

ADX, Negative DI is sustaining above the positive DI which is indicating weakness in the stock.