U.K. Stock of the day : Close Brother Group Plc

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RECOMMENDATION BUY

TARGET 1475

The primary trend of Close Brother Group Plc is sideways , 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 1410 and sustains above that after crossing of the strong resistance i.e. 1430 it can test the level of 1475 with the stop loss if 1404.

 

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.

 

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 market analysis

UK stocks overview

 

London stock exchange closed slightly higher on Thursday, as a strong performance by Smith & Nephew was offset by losses amongst the mining sector. The FTSE fell during the course of the day on Thursday, but found the 6375 level as support and ended up with moderate gains at 9.68 points higher than on the previous day at 6,463.55 and now for upcoming session bullish trend is expected on the charts any pullback between here and there should be a buying opportunity on a short-term basis. If it  Crosses the resistance level 6500 it can show the level of 6600 & 6750 with the support of 6350.

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TOP GAINER

Name	Close Price	Change %
Smith & Nephew	1054	3.54
Shire	4164	2.18
Carnival	2467	1.82
Intercont Hotels	2337	1.79
Capita	1101	1.76

TOP LOSER

Name	Close Price	Change %
Standard Chartered	943.6	-4.89
Anglo American	1320.5	-2.37
Hays	117.7	-2.24
Bt Group	367.9	-2.02
Antofagasta	690.5	-1.92

London stock exchange overview and stock pick of the day

Stocks were moving higher in the run-up to the US Federal Reserve's policy announcement on Wednesday afternoon, as some investors were expecting that policymakers might tone down their rhetoric a bit. FTSE 100 was trading around 47 points higher than Tuesday's close at 6,449.03 and now for upcoming session it is looking strong and bullish movement is expected on the charts any pullback between here and there should be a buying opportunity on a short-term chart. Crossing of the resistance level if 6500 it can show the level of 6600 & 6750 with the support of 6350.

TOP GAINER

Name	Close Price	Change %
Enterprise Inns	126	2.27
Sainsbury	250.6	2.16
Old Mutual	190	2.15
Tesco Plc	173.35	2.09
Imperial Tobacco	2645	2.04

TOP LOSER

Name	Close Price	Change %
Capita	1082	-6.48
Rio Tinto	2986	-1.22
Barclays	220.5	-1.12
Standard Chartered	989.35	-0.91
Whitebread	4286	-0.88

Stock pick of the day

 

RECOMMENDATION BUY

TARGET 1475

The primary trend of Close Brother Group Plc is sideways, From last week it is consolidating near to resistance level with positive bias. Stock is expected to be in a bullish trend for upcoming session as it has given the break out of 1410 and sustains above that after crossing of the strong resistance i.e. 1425 it can test the level of 1475 with the stop loss if 1404.

 

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.

 

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.

FTSE stock pick of the day : Cobham Plc

FTSE stock pick of the day

RECOMMENDATION BUY

TARGET 286

The primary trend of the stock is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is trading with support from the falling tren d line and manages to sustain above the trendline with positive bias.Stock is facing immediate resistance from the level of 279 crossing of it can show fresh buying and it can test the level of 286 after crossing it's 200 DMA at 283 with the stop loss of 274.

CHART FORMATION:-

Stock is trading with support of falling trend line and forming ascending triangle crossing of the level line can show upside movement.

Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement.

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 , Positive DI is placed above negative with positive bias.

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

FTSE overview

 

U.K. stock market ended Tuesday's session on an upbeat note thanks to a strong performance by the mining sector and a level of stability not seen on markets for several weeks. FTSE 100 opened on flat note and showed straight upside rally and manages to closed above 6400 level. The US central bank is also forecast to keep interest rates unchanged Which give strong signal and it traded with positive bias.Technically Index is looking strong as RSI is sustain above 50 level and it is trading above 50 DMA and facing resistance from 200 DMA crossing of it can show upside movement.Index is facing resistance at 6450 level if it manages to consolidate above 6400 level it can test the level of 6600 & 6750 with the support of 6300.

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TOP GAINER

Name	Close Price	Change %
Smith & Nephew	1013	3.58
Anglo American	1344.5	3.7
Antofagasta	702	3.46
Vodafone Group	203.55	2.96
Aviva	518	2.37

TOP LOSER

Name	Close Price	Change %
Standard Chartered	998.4	-8.2
Lloyds Banking Grp	73.5	-2.44
Bg Group	1026	-1.63
Glaxosmithkline	1386.5	-0.89
Schroders Nvtg	1830	-0.81

UK stock pick of the day : Victrex Plc Ord

FTSE stock pick of the day

RECOMMENDATION BUY

TARGET 1740

The primary trend of Victrex Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 1580 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 1640 with Sl 1580 for the target 1740.

CHART FORMATION:-

Stock is trading with support of falling trend line and facing resistance from the level of 1640 crossing of it can show northward journey.

Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show 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 with positive bias.

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

UK stock market insights

United Kingdom stocks closed lower on Monday, with banks and mining stocks providing a drag in the aftermath of the results of the latest EU bank stress tests and alongside a weak reading on German business confidence. The FTSE closed down 24.92 points at 6,363.81 after falling early on. FTSE 100 opened on positive note and made an intraday high at 6443, later on it showed down side movement and made a low at 6336 but manage to close on moderate loss. For upcoming session it can trade in a range of 6450-6300 , if it sustain above 6300 level and crossing of 6450 level it can test the level 6600.

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TOP GAINERS

Name	Close Price	Change %
Intercont Hotels	2268	2.3
Reed Elsevier Plc	993.5	1.58
Sabmiller	3398.5	1.22
Astrazeneca	240.4	0.92
Unilever	2431	0.91

 

TOP LOSERS

Name	Close Price	Change %
Smith Group	11118	-2.95
Antofagasta	678.5	-2.09
Barclays	221.35	-2.21
Rolls-royce Hldgs	777.5	-2.2
Lloyd Banking Group	75.34	-1.8

FTSE stock pick of the day : Victrex Plc Ord

FTSE stock pick of the day : Victrex Plc Ord

RECOMMENDATION BUY

TARGET 1740

The primary trend of Victrex Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 1580 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 1640 with Sl 1580 for the target 1740.

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CHART FORMATION:-

Stock is trading with support of falling trend line and facing resistance from the level of 1640 crossing of it can show northward journey.

Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement

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 with positive bias.

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

FTSE stocks overview

London stock Exchange

London stock market ended on a negative note on Friday amid fresh jitters about the Ebola virus and weak Chinese property data.The FTSE 100 Index closed 30.42 points adrift at 6388.73 as a New York doctor who recently returned from Ebola-hit Guinea in West Africa became the fourth case of the virus in the US. The FTSE initially fell during the course of the week, but found enough support at the 6225 level to turn things back around and form a positive candle.
On charts it has formed bottom up so for upcoming session sustaining above the  level can test the level of 6600 & 6900 with support of 6000.

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TOP GAINER

Name	Close Price	Change %
Shire	4050	3.98
Vodafone Group	200.5	1.85
Standard Chartered	1115	1.46
Old Mutual	184.7	0.65
3I Group	379.6	0.56

TOP LOSER

Name	Close Price	Change %
Pearson	1139	-2.57
Anglo American	1308	-2.39
Intercont Hotels	2217	-1.9
Bhp Billitob	1627	-1.9
Next	6500	-1.89

 

FTSE Stock Pick for Tuesday : Polymetal International Plc

FSTE stock pick of the day

RECOMMENDATION BUY

TARGET 540

The primary trend of Polymetal International Plc is bullish and from last few trading session stock is showing strength for buying and looking strong on charts.Stock is facing support from the level 468 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 500 with Sl 465 for the target 540.

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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.

Stock is sustaining above 50 DMA & 200 DMA with positive bias.

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 near to25 level , Positive DI is about to give the break out above negative DI with positive bias.

FTSE overivew of last session

FTSE Overview

Coming off the morning's declines, London-listed stocks ended Monday's session on a relatively upbeat note, thanks to a strong performance by the mining sector on what was a generally quiet day for markets.The FTSE 100 finished near its best levels of the session, closing 26.27 points higher at 6,366.24.Index open the session with negative bias but bounced off of the 6300 level in order to form a hammer.Index can show recovery if it manages to sustain above 6300 level and breaching above 6400 level it can test the level of 6600.

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TOP GAINER

Name	Close Price	Change %
Anglo American	1388	4.72
Rio Tinto	3090	4.22
Bhp Billiton	1660.5	2.91
Antofagasta	677	2.34
United Utilities Gr	808	2.08

TOP LOSER

Name	Close Price	Change %
Tesco Plc	180.6	-2.51
Carnival	2155	-2.36
Enterprise Inns	11.27	-1.49
Smith & Nephew	976.5	-1.46
Shire	5140	-1.44