Friday 6 February 2015

London Stock Exchange Overview as on Friday, February 06 2015


London stock Exchange overview
London Stock Exchange Overview
UK stocks ended with minor gains after mixed Eurozone news. On Thursday session data from UK showed a better-than-expected jump in German factory orders, a contraction in Eurozone like-for-like retail sales, an easing in the growth rate of UK new car registrations. The FTSE 100 finished the day up with minor gains up 0.1% at 6866, earlier in the day prices has bounced strongly after hitting an intraday low of 6808.19.
If during the day market is breaching the resistance level of 6890 on upside after consolidation, then it can test the level of 6960 with the support of 6840.

TOP GAINER
Name
Close Price
Change %
Rexam
538
20.2
BT Group
442
4.49
Smith & Nephew
1198
2.57
BG Group
954.8
2.45
Rolls- Royce Hldgs
918
2.06

TOP LOSER

Name
Close Price
Change %
Astrazeneca
4529
3.39
Vodafone Group
230.9
2.37
Man Group
175.5
2.34
BAE Systems
516.5
2.09
ITV
226
1.99

Thursday 5 February 2015

Stock Pick of the Day for Thursday, February 05 2015 : Barclays Plc


 

London Stock exchange pick of  the day

RECOMMENDATION BUY
TARGET 260
The Major trend of Barclays Plc is sideways and it is showing strength for buying. If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 250 upside then it can show upside movement for the target of 260 with the stop loss of 254.

CHART FORMATION:-
Stock is showing sign for reversal from downside in it. Crossing the resistance will lead to upside movement. Stock is trading above the 200 & 50 DMA with positive bias.

Detailed stock report of UK Stock Barclays PLC

INDICATORS:-
RSI is trading near to 62 level with positive bias, in upcoming session upside movement is expected. Volume is also on higher side only.
MACD and Signal line is sustaining above the zero level line.

Tuesday 3 February 2015

FTSE Overview as on Tuesday, February 03 2015


UK stocks recover from lower levels and closed higher after a choppy session as oil stocks gain. Manufacturing purchasing managers' indices (PMIs) from across the globe came in mixed, with growth picking up in the UK.
The FTSE 100 close at 6782.55, up 0.5% on the day after swinging between gains and losses.
The Index has recovered from lower level of the day and ended in positive note. If during the day market is breaching the resistance level of 6850 on upside after consolidation, then it can test the level of 6940 with the support of 6780.

TOP GAINER
Name
Close Price
Change %
BG Group
934.2
5.33
Sainsbury
267.3
4.66
Antofagasta
672
3.38
BP
437.7
3.12
BHP Billiton
1484
2.84

TOP LOSER

Name
Close Price
Change %
Carnival
2921
2.54
United Utilities GR
1001
2.53
Wolseley
3770
2.38
Kingfisher
335.1
2.25
Severn Trent
2106
2.14


Stock Pick of the day : BG GroupPlc



RECOMMENDATION BUY
TARGET 965
The Major trend of BG Group Plc is Consolidating in higher levels and it is showing strength and reversal from lower levels on charts and we can see upside movement in it. Stock is trading near its resistance of 935. One can initiate the long position in the stock if it breaks the level of 940 it can show upside movement for the target of 965 with the stop loss of 920.

CHART FORMATION:-
Stock is consolidating on higher level and showing sign for reversal movement in it. Crossing the resistance will lead to upside movement. Stock is trading above the 50 DMA with positive bias.

INDICATORS:-
RSI is trading near to 60 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.

Monday 2 February 2015

UK Stock Market Overview as on Monday, February 02 2015


UK Stock Market Overview
London Stock Exchange
UK stocks falls on Friday after Eurozone consumer prices fell more than forecasts and the rate of US economic growth slowed sharply. The Eurozone fell further into deflation in January with consumer prices falling at an annual rate of 0.6% after a 0.2% fall the month before, worse than the 0.5% drop expected. The FTSE 100 close at 6749, down 0.9% on the day and close lowest since 21st January.
The Index has shown weakness and close near two week low and during the day if market is breaching the support level of 6720 on downside after consolidation, then it can test the level of 6640 with the resistance of 6800.

TOP GAINER
Name
Close Price
Change %
BHP Billiton
1443
2.09
Smiths Group
1127
1.53
Anglo American
1113
1.41
Rio Tinto
2925
1.35
DLY Mail& Gen TST A
860.47
1.23

TOP LOSER

Name
Close Price
Change %
Sainsbury
255.40
3.18
Rexam
425
3.03
Morrison Supermkts
179.90
2.70
BT Group
417.90
2.61
Diageo
1970
2.60



Investec Plc

Technical Report of the Investec Plc Stock
Technical Chart


RECOMMENDATION SELL
TARGET 544
The Major trend of Investec Plc is Consolidating in higher levels and it is showing weakness on charts and we can see downside movement in it. Stock is trading near its support of 556. One can initiate the short position in the stock if it breaks the level of 556 it can show downside movement for the target of 544 with the stop loss of 566.

CHART FORMATION:-
Stock is consolidating on higher level and showing weakness for downside movement in it for correction. Crossing the support will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

INDICATORS:-
RSI is trading near to 43 level with negative bias , in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.

Friday 30 January 2015

FTSE Overview as on Friday, January 30 2015 and future Predictions


UK stocks closes negative after market digested global economic data and political developments in Greece. FOMC also said on Wednesday evening that they would remain “patient” about the timing of the first interest rate hike. The FTSE 100 close at 6811, down 0.2% on the day with energy sector providing a drag after oil major Royal Dutch shell published quarterly result below expectations. There is strong resistance at 6870 level and during the day if market is breaching the level of 6870 on upside, then it can test the level of 6960 with the support of 6800.

TOP GAINER
Name
Close Price
Change %
Diageo
2022.50
3.08
Marks & Spencer
487.80
2.14
Imperial Tobacco
3160
2.03
Unilever
2952
1.90
Reckitt Benck Grp
5720
1.78

TOP LOSER

Name
Close Price
Change %
Enterprise Inns
104.70
3.59
Antofagasta
655
2.75
Johnson Matthey Plc
3297
2.60
Carnival
3000
2.22
BG Group
880.90
1.88

Wednesday 28 January 2015

UK Stocks Overview as on Wednesday, January 28 2015


 


UK stocks falls after figure shown that economic growth slowed to just 0.5% in fourth quarter of 2014 due to contractions in construction and production. The FTSE 100 fell 0.6% to 6811.61. Market falls from its highest level in four and a half months. There is strong resistance at 6920 level and during the day if market is breaching the level of 6835 then it can test the level of 6920 with the support of 6720.

TOP GAINER
Name
Close Price
Change %
Centrica
282.70
4.16
SSE
1545
1.91
United Utilities GR
1015
1.70
BP
445.68
1.52
Sage Grp
484
0.83

TOP LOSER

Name
Close Price
Change %
Rolls-Royse Hldgs
879
2.66
ITV
225.90
2.5
Anglo American
1090
2.46
Johnson Matthey Plc
3497
2.02
Pearson
1321
1.86

Wednesday 21 January 2015

UK Stock Market Updates as on Wednesday, January 21 2015



Detailed analysis of stock market

Stocks ended the session with modest gains on the heels of better-than-expected growth figures in China.The FTSE 100 gained 34.57 points to finish the day at 6,629.The FTSE has broke higher during the course of the day on Monday, testing the 6600 level area. There is strong resistance at 6650 level crossing of it can show northward journey and can test the level of 6800 with the support of 6400.Any short term correction will be buying opportunity, as index is sustaining above the 60 RSI with positive bias.

TOP GAINER
Name
Close Price
Change %
Wolseley
3759
3.43
Royal Bk Scotl gR
380.5
3.12
Anglo American
1121.5
2.94
Kingfisher
336.5
2.68
Rolls-Royce Hldgs
882.5
1.5