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UK market overview |
UK stocks had practically clawed back all of their losses come the end of
trading on Tuesday as investors continued to watch geopolitical
developments across the globe.
The FTSE 100 was down just 0.01% at 6,632 by the close, having touched a
low of 6,617.31 early on.
Index has trading in narrow range of 6600 to 6650 for upcoming session
if it is managing to give closing above 6600 level crossing of 6650 level
it can test the level of 6700,RSI has trading above the level of 50 and
looking strong for buying.
Index has managing to trade above 50 DMA and facing resistance from
200 DMA crossing of it can show further upside movement.