U.K. Stock market insights

Weak risk appetite ahead of the Federal Reserve meeting prompted the FTSE 100 to drop into the red on Tuesday.After a turbulent performance, the FTSE 100 ultimately closed down 11.97 points at 6,792.24.Index is showing negative bias from last few trading session and closing with loss.For upcoming session it can show further profit booking as the major trend is long but for short time further correction is expected , breaching of 6780 level it can test the level of 6700 .The level is having enough support and buying can be made at this level for the target of 6850.50.

TOP GAINER

Name	Close Price	Change %
William Hill	348	1.99
Pearson	1226	1.66
Royal Bk Scotl Gr	351.3	1.33
Bp	472.35	0.86
Sse	1496.5	0.74

For free stock picks trial click here

TOP LOSER

Name	Close Price	Change %
Sports Direct International	664	-3.77
St James's Place	678	-2.38
Sabmiller	3661	-2.11
CRH	1419	-2.07
Tullow Oil	686.5	-2

UK stock market overview

UK stock Market overview

The FTSE ended Tuesday's session with a modest rise, as investors weighed 

better-than-expected construction data and looked ahead to what is set to 

be the busier half of the week.

The FTSE 100 opened  gap up  and made a intra day high at 6849.50 and 

showed down side movement after that and faced enough support at the 

level of 6800 and showed bounce back from their and closed on moderate 

gain at  6829.17.

FTSE is ready to go higher, and ultimately should continue the up trend 

However, the 6900 level above is very resistive, and it is going to take 

quite a bit of effort to get above there.If it manages to breach the 6900 

level and sustains above that it can test the level of 7000. 

For free stock picks trial click here