London Stock Exchange Overview as on Friday, February 06 2015

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

UK Stock Market Overview as on Monday, February 02 2015

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 21^st 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 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.

Close Brother Group Plc : UK stock pick of the day

RECOMMENDATION : BUY

Close Brother Group Plc is looking strong on charts for buying .The over all trend of stock is Bullish and it is managing to trade with positive biasStock is strength as it's sustaing above both moving averages .In upcoming session it can show upside movement after crossing of the resistance level at 1390 it can test the level of 1490 with the stop loss at 1340.

 

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CHART FORMATION:-

Stock has managing to trade with positive bias and managing to sustain at higher crossing of resistance level it can show upside movement.

It's managing to trade above 50 DMA and 200 DMA with positive bias.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 60 crossing of it can test the level of 70.

Fast line has given the break out above slow line and it's sustains above the zero level.

UK STOCK MARKET TODAY'S OVERVIEW

London shares ended Tuesday’s session in the red as jitters about the Scottish independence referendum offset more positive economic news.

The FTSE 100 Index shut 5.77 focuses down at 6,829 as speculators bit in excess of one survey giving Scottish separatists the lead and an alternate with the "no" fight ahead by only one point, Index opened on level note exchanged a reach and shut with negligible misfortune and figure out how to close over the level of 6800 which is demonstrating as solid help zone. In approaching future it can indicated further redress and test the level of 6750 and at this reach it can show bob back and figure out how to test the level of 6900.

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TOP GAINER

Name	Close Price	Change %
Morrison Suppermkts	175.3	3.12
Sabmiller	3485.5	1.75
Llooyds Banking Grp	73.25	1.45
Wolseley	3287	1.23
William Hill	353.3	1.32

TOP LOSER

Name	Close Price	Change %
Hays	127.8	-2.74
Associat Brit Foods	2713	-1.6
Sse	1455	-1.49
Man Group	119.4	-1.4
Capita	1176	-1.34

UK Stock market overview

UK stock market overview

UK stocks ended Monday's session in the red, as investors became increasingly concerned about the referendum on Scottish independence and reacted to reports of ongoing geopolitical tensions amid what was otherwise a fairly quiet session.
 

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The FTSE closed down 20.33 at 6,834.77."After a mixed start, European markets have moved lower throughout the day with the FTSE 100 leading the declines after a weekend poll by YouGov put the 'Yes' vote for Scottish Independence ahead in the polls for the first time," said Michael Hewson, the chief market analyst at CMC Markets UK.

Technically FTSE showed short term correction and opened gap down traded in negative territory , breached the level of 6800 but did not manage sustain below that and closed with moderate loss above the level of 6800.

For upcoming session it can show consolidation face between the range of 6820-6850., crossing of 6850 it can test 6900 & 6950 with immediate support of 6700.

Stock pick of the day : MAN Group plc, Tuesday, August 19 2014

RECOMMENDATION : BUY

TARGET 121

MAN Group Plc is looking good for buying ,the major trend of stock is bearish but it's showing accumulation from bottom and gaining strength for buying and managing to trade in positive territory from last few trading session. Stock has managing to consolidate near to resistance level i.e 115 crossing of it can show northward journey with stop loss of 111for the tgt of 121.

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CHART FORMATION:-

Stock is showing consolidation near to the resistance level and breaching of it can show upside movement.

It's managing to trade above 50 DMA & facing resistance from 200 DMA i.e.118 crossing of it can show the level of 121.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 60 crossing of it can test the level of 70.

Fast line has given the break out above slow line and it's trading above the zero level line.

In stochastic K% is trading above D% which is indicating strength for buying in the stock

Stock pick of the day : Standard Chartered Plc

Standard Chartered Plc

RECOMMENDATION :  BUY

 

TARGET 1290

Standard Chartered Plc is looking good for buying ,the major trend of stock is bearish but it's showing accumulation from bottom and gaining strength for buying and managing to trade in positive territory from last few trading session. Stock has given the break out above the falling trend line managing to sustain above it for upcoming session crossing of the resistance level i.e 1230 it can show northward journey with stocp loss of 1200 for the tgt of 1290.

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CHART FORMATION:-

Stock is given the break out above falling trend line and consolidating near to the resistance level crossing of it can show upside movement.

It's managing to trade above 50 DMA & 200 DMA with positive bias.

INDICATORS:-

RSI is trading above the level of 50 and looking further bullish and facing resistance at 60 crossing of it can test the level of 70.

Fast line has given the break out above slow line and it's trading above the zero level line.

ADX is trading above25 level, Positive DI has given the break out above negative DI which is indicating strength in the stock for buying.

Top Gainers & Top Losers UK Stock Market, Thursday, August 14 2014

Bulls & Bears of UK Stock Market

TOP GAINER

Name	Close Price	Change %
Prudential	1404	2.59
Morrison Supermkts	169	2.11
Land Sec Reit	1066	2.11
Vodafone Group	197.2	1.91
Royal Bk Scotl Gr	384.4	1.87

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TOP LOSER

Name	Close Price	Change %
Gusbourne	73	-2.67
Rio tinto	3423.5	-2.6
Pearson	1097.75	-2.07
Bt Group	368.6	-1.63
Antofagasta	809	-1.52

UK Stock market Overview, Thursday, August 14 2014

Stock Market Overview

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European stocks climbed after the Bank of England (BoE) upgraded its economic 

growth forecast in its Inflation Report on Wednesday. 

The BoE's forecast for the UK economy is that it will grow 3.5% this year, compared 

to an earlier estimate of 3.4%.

In 2015 the Bank expects growth of 3%, up from the previous 2.9% projection.After 

a slow start, the FTSE 100 was up 0.4% at 6,662 by midday, though ex-dividend stocks 

were limiting upside on the index.

It is managing to close above 6600 level from last few trading session so in upcoming 

session further recovery is expected as 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 test the level of 6850.