Tuesday, 11 November 2014

London Stock Market Overview


London stocks 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.



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

Monday, 10 November 2014

London Stock Market Overview and Stock Pick


The FTSE 100 Index closed 16.09 points to the good at 6567.24. In economic news, September German trade data improved with an increase in Berlin's current account balance to €22.3bn compared with €10.3bn in August.The FTSE showed upside movement through out the week but at the end of session showed profit booking.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.For upcoming session if Index can give break out above the 6600 level on daily charts , it can test the level of 6900 with the support of 6400 .

TOP GAINER
Name
Close Price
Change %
Bhp Billiton
1676
2.95
Anglo American
1364.5
2.67
Capita
1103
2.51
Rio Tinto
3039
2.41
Bg Group
1049.5
2.34


TOP LOSER

Name
Close Price
Change %
Rentokil Initial
116
-5
Rsa Insur Grp
446.2
-3.02
Morrison Supermkts
168.4
-2.38
Man Group
129.3
-1.97
Royal Bk Scotl Gr
374.9
-1.52



Stock Pick of the day : Essentra Plc


RECOMMENDATION Sell
TARGET 653
STOCK SUMMARY:
The short term trend of Essntra Plc is b 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 693 for the target of 653 with stop loss of 620.
CHART FORMATION:-
Stock is looking weak on chart and forming rising wedge pattern .Breaching of the wedge pattern can show downside movement.
Stock is managing to trade below 50 DMA and facing support from 200 DMA Breaching of it can show downside movement.

Technical Chart

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.
Slow line has given the break out above fast level line with negative bias and about to give break out below zero level which showing selling pressure in the stock.

Friday, 7 November 2014

UK stock market at a glance


MARKET OVERVIEW
 

The London stock market was more or less flat by Thursday lunchtime, erasing earlier losses after a well-received update from Morrison's boosted shares in the retail sector.
However, upside was being limited ahead of a number of risk events expected before the weekend, including a European Central Bank (ECB) monetary policy decision and the all-important US non-farm payrolls report.London's FTSE 100 was just 0.1% lower at 6,533 by midday, with investors pausing for breath after a 1.3%gain the previous sessions.RSI is also trading above 50 level and index is giving closing above 50 DMA & 200 DMA with positive bias . For upcoming session it is looking strong and crossing of 6600 it can test the level 6900 with the 6400.


TOP GAINER
Name
Close Price
Change %
Sainsbury
262.2
6.03
Morrison Suppermkts
172.18
6.02
Marks& Spencers
470.4
5.92
Tesco Plc
181.5
3.27
Standard Chartered
960
2.56


TOP LOSER

Name
Close Price
Change %
Rsa Insur Grp
460.1
-4.96
Tate & Lyle
598.5
-1.72
Glaxosmithkline
1413.5
-1.57
Smith & Nephew
1053
-1.4
Enterprise Inns
129.5
-1.15


  FTSE Stock Pick of the day : Fresnillo Plc





RECOMMENDATION BUY
TARGET 740
The primary trend of Fresnillo Plc is bearish but it has shown recovery from bottom and manages to trade above with support of 50 DMA .Stock is showing strength in buying from last few trading session and trading with positive bias.One can initiates the long position in the stock after crossing of falling trend line at 702 it can test the level of 740 with the stop loss of 680.
 
CHART FORMATION:-
Stock is showing consolidation and showed recovery from bottom, one can go with strategy buying from bottom.
Stock is sustaining above 50 DMA and crossing of the resistance level and crossing 200 Dma can show further upside movement
 
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 is placed above negative which is indicating strength for buying.
Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

Thursday, 6 November 2014

London stock pick of the day : Arm Holding Plc



Stock of the day

RECOMMENDATION BUY
TARGET 940
The primary trend of Arm Holding Plc is bearish but it has shown recovery from bottom and manages to trade above 50 DMA .Stock is showing strength in buying from last few trading session and trading with positive bias.One can initiates the long position in the stock after crossing of falling trend line at 886 it can test the level of 940 with the stop loss of 860.
 
CHART FORMATION:-
Stock is forming falling wedge pattern and trading in the pattern crossing of the trend line can show northward journey.
Stock is sustaining above 50 DMA and crossing of the resistance level and crossing 200 Dma can show further upside movement

London stock pick of the day
Click to enlarge

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 is placed above negative which is indicating strength for buying.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

London stock exchage overview


London Stock Exchange
 
Markets shrugged off fresh economic woes and gold price falls on Wednesday, helped by positive news from retailer Marks & Spencer (M&S). Continental European service sector data came in weak and UK service data also surprised on the downside, slowing to a 17-month low in October. The FTSE had a very positive session on Wednesday, testing the 6550 level and manage to close at higher level at 6539. Index is heading toward 6900 level with the strong buying from every pull back and 6400 level is proving to be strong support level.


TOP GAINER
Name
Close Price
Change %
Mark & Spencer
444.1
9.74
Morrison Suppermkts
162.4
5.94
Associat Brit Foods
2942
5.71
Schroders Nvtg
1981
3.18
United Untilities Gr
865.5
2.79


TOP LOSER

Name
Close Price
Change %
Gusbourne
71.5
-3.38
Kingfisher
285
-2.83
Standard Chartered
936
-1
William Hill
351.8
-0.71
Dly Mail & Gen Tst A
790
-0.57


Wednesday, 5 November 2014

UK stock market overview and stock pick of the day


FTSE stock analysis
 
The falling price of crude oil and precious metals left markets struggling to get a grip on Tuesday. The price of a barrel of US light crude fell nearly 3% to about $76.5 a barrel and Brent crude dipped below the$83 mark, dragging the FTSE 100 Index down 34 points at 6453.97. If Index can break above the 6600 level, this market will then go to the 6900 level and given enough time for it with 6400 level is proving to be good support level. FTSE 100 is trading in narrow range of 6430-6510 consolidating in a range.

TOP GAINER
Name
Close Price
Change %
Man Group
129.8
5.19
Associat Brit Food
2783
4.19
Imperial Tobacco
2777
4.12
Legal & General
235.2
1.99
Dly Mail & Gen Tst A
806.13
1.72


TOP LOSER

Name
Close Price
Change %
Bg Group
999.1
-3.56
Bp
430.4
-3
William Hill
354.3
-1.58
Bae Systems
451
-1.46
Bt Group
362.2
-1.39



Stock pick of the day : Petra Diamonds Limited Ord Plc

 
RECOMMENDATION BUY
TARGET 176
The primary trend of Petra Diamonds Limited Ord Plc is bearish but from last few trading session it is not managing to sustain at lower level and showing strengtg for buying.For upcoming session it is looking strong and consolidating near to resistance level i.e. 170 crossing of it can give the target of 176 with the stop loss of 166 .
CHART FORMATION:-
Stock is trading with near to resistance level and consolidating with positive bias crossing of resistance can show northward journey.
Stock is sustaining above 50 DMA and crossing of the resistance level it can test the level of 200 DMA.
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 is placed above negative which is indicating strength for buying.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

Monday, 3 November 2014

UK stock pick of the day : Spirax – Sarco Engineering Plc

UK stock pick of the day


RECOMMENDATION  : BUY
TARGET                     : 2990


The primary trend of  Spirax – Sarco enginerring Plc is  side ways and it has given the break out of falling trend line and managing to sustain above it positive bias.From last week it is consolidating near to resistance level with positive bias. Stock is looking strong for upcoming session  as it has given the break out of 2820 and sustains above that after crossing of the strong resistance i.e. 2860  it can test the level of 2990 with the stop loss if  2790.

CHART FORMATION:-

Stock is trading with near to resistance level and consolidating with positive bias crossing of resistance can show northward journey.
Stock is sustaining above 50 DMA  and 200 DMA with positive bias.

Technical chart
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 is placed above negative which is indicating strength for buying.
Macd & Signal line is  trading above Zero level line which is indicating strength in the stock.