Monday 17 November 2014

Pivot Points for Monday, November 17 2014



S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD 1.2490 1.2502 1.2512 1.2524 1.2534 1.2546 1.2556
GBP/USD 1.5634 1.5649 1.5657 1.5672 1.5680 1.5695 1.5703
USD/JPY 115.79 116.07 116.48 116.77 117.18 117.47 117.88
USD/CHF 0.9572 0.9579 0.9586 0.9593 0.9600 0.9607 0.9614
AUD/USD 0.8709 0.8728 0.8740 0.8759 0.8771 0.8790 0.8802
EUR/GBP 0.7974 0.7980 0.7986 0.7992 0.7998 0.8004 0.8010
USD/CAD 1.1266 1.1273 1.1281 1.1288 1.1296 1.1303 1.1311
NZD/USD 0.7894 0.7911 0.7922 0.7939 0.7950 0.7967 0.7978

Friday 14 November 2014

UK stock pick of the day : Smith & Nephew Plc


UK stocks rebounded on Thursday, heading for their highest close in over six weeks, as markets shrugged off disappointing economic data in China and were buoyed by speculation that policymakers will take action to avert a global slowdown.The FTSE 100 was up 0.3% at 6,634 by midday - it has not closed above this level since 29 September when it settled at 6,646.6.RSI is managing to sustain above 50 level with positive bias, For upcoming session if index manages to consolidate above 6600 level crossing of 6650 level it can show upside movement till 6900 with the support of 6400.


Stock of the day for Friday
Stock of the Day


RECOMMENDATION BUY
TARGET 1185
The primary trend of Smith & Nephew Plc is bullish and it's consolidating near to resistance level crossing of the resistance can show northward journey. Stock is trading with positive bias and facing resistance from the trend line, crossing of it can test the level of 1185. One can initiate long position in the stock above the level of 1075 with the stop loss of 1035 for the target of 1185.

CHART FORMATION:-
Stock is showing consolidation and sustain at higher level with positive bias.
It's 50 DMA has given the break out above it's 200 DMA which is indicating strength in the stock.

Detailed stock analysis for smith & nephew
Technical Chart

INDICATORS:-
RSI is trading near to level of 70and showing consolidation, Breaching of the resistance level can manage to test further high.
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 13 November 2014

UK Stock Pick of the Day and its Technical Analysis


Technical Report of UK stock pick of the day Unilever PLC
Stock of the Day

RECOMMENDATION BUY
TARGET 2675
The primary trend of Unilever Plc is side ways and it's consolidating near to resistance level crossing of the resistance can show northward journey .Stock has shown recovery from the bottom and manages show positive bias from last few trading sessions.One can initiates the long position in the stock above the level of 2575 with the stop loss of 2525 for the target of 2675.

CHART FORMATION:-
Stock is showing consolidation and sustain at higher level with positive bias.
It's trading above 50 DMA and facing resistance from 200 DMA crossing above it can show upside movement

Detailed technical analysis of the UK stock pick of the day unilever plc
Technical chart

INDICATORS:-
RSI is trading near to level of 70and showing consolidation , Breaching of the resistance level can manage to test further high.
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.

U.K. Stock Market News, Stocks Technical Analysis and Predictions


London Stocks Update
 
U.K. Stock Market Last Session 
News of a big fine in the banking sector and gloomy comments from the Bank of England (BoE) weighed on UK equities on Wednesday, with London's stock market finishing lower for the first time in six sessions. 
A weak start on Wall Street was also pressuring stocks as the benchmark S&P 500 and Dow Jones indices pulled back from record highs. 
The UK's FTSE 100 closed down 0.25 at 6,611. A five-day winning streak had sent the index to 6,627.4 by the end of trade on Tuesday, its highest finish since 29 September. 

Next Session Predictions
For upcoming session if index manages to consolidate above 6600 level crossing of 6650 level it can show upside movement till 6900 with the support of 6400.

TOP GAINER
Name
Close Price
Change %
Anglo American
1364.5
1.68
Vodafone Group
221.99
1.35
Antofagasta
720.5
1.26
Tate & Lyle
636.5
1.19
Rio Tinto
3021
1.17


TOP LOSER

Name
Close Price
Change %
Capita
1048
-6.51
Sse
1536
-2.74
Barclays
229.5
-2.17
Centrica
297
-1.88
Tesco Plc
191.45
-1.8


Tuesday 11 November 2014

London Stock Pick of the Day : St. Jame's Place Plc


Stock Pick of the Day

RECOMMENDATION BUY
TARGET 795
The primary trend of St. Jame's Place Plc is bullish and it managing to sustain at higher level with positive bias. Stock is managing to consolidate near to resistance level crossing of the resistance can show northward journey. One can initiates the long position in the stock above the level of 755 with the stop loss of 730 for the target of 795.

 
CHART FORMATION:-
Stock is showing consolidation and sustain at higher level with positive bias.
It's 50 DMA has given the break out above 200 DMA which is indicting strength in the stock.
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, 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.

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.