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

Top Gainers & Losers of FTSE 100, Tuesday, August 19 2014

TOP GAINER

Name	Close Price	Change %
Smith Group	1300	2.69
Astrazenca	4201.5	2.66
Rentokil intial	125.1	1.87
Carnival	2279	1.79
Associat brit Foods	2855	1.71

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TOP LOSER

Name	Close Price	Change %
Brit Land Co Reit	723.95	-0.89
Recitt Benck Grp	5255	-0.66
Land Sec REIT	1092	-0.55
Tata & Lyle	679	-0.37
Rsa Insur grp	437.8	-0.36

Market Overview : Tuesday, August 19 2014

European stocks jumped on news the Ukraine and Russia had made 

headway in talks to solve the crisis.

The FTSE maintained its upwards trend throughout Monday's session, 

ultimately ending 52.17 points higher at 6,741.

It opened on green note and made intra day high at 6750 and closed 

near to it's day high with positive bias so in upcoming  session upside 

movement is expected.

RSI has trading above the level of 50 and looking strong for buying so 

in upcoming session it can test the level of 7000.

Index has managing to trade above 50 DMA and 200 DMA , DI is also 

showing strength in current trend as it's trading above 25 Level & 

positive DI is trading above negative DI so now index can test the 

level of 6950 with the support of 6600.

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U.S. housing data stablises Dollars.

The dollar steadied on Tuesday after Monday's increases on perky U.S. housing information and an ascent in U.S. security yields, however dealers are sitting tight for insights on Federal Reserve approach propositions before they test real safety levels.

The main mover among real monetary standards in Asia was the New Zealand dollar, which shed a half rate point after delicate financial information indicated a stop in the nation's rate climbs.

The U.s. dollar file stood level at 81.612 , after an increase of 0.2 percent on Monday, failing to offer the force to test its 11-month high of 81.716 hit not long ago.

"The lodging information appears to have had an effect on the dollar. Yet the business sector is even now demonstrating no agreeable bearing yet and I see dollar-offering requests above present levels. It appears to be better to play ranges," said Bart Wakabayashi, head of monetary standards at State Street in Tokyo.

The NAHB/Wells Fargo Housing Market list climbed startlingly for the third straight month to month increase to a seven-month high of 55 in August, disregarding the shortcoming of right on time in the not so distant future.

The dollar was additionally supported as U.S. security yields bounced back from lows on Monday, raising the dollar's yield fascination, on any desires for strategic answer for the Ukraine emergency despite the fact that a truce has not been arrived at.

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.