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Monday 17 November 2014
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 |
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.
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
Stock of the Day |
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
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
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.
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