FTSE100 | EXPERIAN PLC Sell call

MARKET OVERVIEW
The top flight index outperformed its European peers on the first day of the week but still ended the session with sharp losses following the sharpest drop overnight in Chinese stocks since 2007. 

The FTSE 100 ended the day in red by 74.68 points at 6505.13 But if during the day market breaches the support level of 6450 on the downside after consolidation, then it can test the level of 6400 and the immediate resistance level is 6550 

 EXPERIAN PLC GROUP

 

RECOMMENDATION SELL

TARGET  1135

The Major trend of EXPERIAN  PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 1148 then it can test support level for the target of 1135 with the stop loss of 1160

CHART FORMATION:-

Stock is trading in a range and trading near the trendline. Breaking the support line will lead to downside movement. Stock is trading  below the 50 DMA with negetive bias. 

INDICATORS:-

RSI is trading near to 29.93 level with negetive bias, in upcoming session downside movement is expected.

MACD and Signal line is sustaining below  the zero level line.

FTSE100 | Intu Properties plc buy call

MARKET OVERVIEW

The sale of the FT Group by Japan's Nikkei livened up an otherwise lacklustre day in terms of economic data or news-flow. In an e-mail sent to subscribers Nikkei announced the £837m deal, which analysts saw as a bold bid by the Asian media group to break out of its home market .

The FTSE 100 ended the day in red by 12.33 points at 6655. But if during the day market breaches the support level of 6630 on the downside after consolidation, then it can test the level of 6580 and the immediate resistance level is 6720

INTU PROPERTIES PLC GROUP

 

RECOMMENDATION BUY

TARGET 340

The Major trend of INTU PROPERTIES PLC it is showing strength for buying .If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 337then it can test resistance level for the target of 340 with the stop loss of 334.

CHART FORMATION:-

Stock is trading in a range and trading near the trendline. Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.

INDICATORS:-

RSI is trading near to 58.08 level with positive bias, in upcoming session upside movement is expected.

MACD and Signal line is sustaining above the zero level line. 

FTSE100 | L&G Plc Group Buy call

MARKET OVERVIEW

Shares ended the session lower in London as markets' focus shifted from the Greek crisis to central banks and corporate earnings.

Nevertheless, traders breathed a sigh of relief after Germany's parliament approved starting talks with Greece on a third bail-out package and to ratify the provision of a bridge-loan to tidy the country over until a new full bailout package is in place, possibly in about a month's time.

The FTSE 100 ended the day in red by 21.37 points at 6775.08 If during the day market breaches the supprot level of 6750 on the downside after consolidation, then it can test the level of 6700 and the immediate resistance level is 6800.

LEGAL & GENERAL PLC GROUP 

RECOMMENDATION BUY

TARGET 275.50

The Major trend of LEGAL & GENERAL GROUP PLC it is showing strength for buying .If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 272.80 then it can test resistance level for the target of 275.50 with the stop loss of 270.50

CHART FORMATION:-

Stock is trading in a range and trading near the trendline. Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.

INDICATORS:-

RSI is trading near to 60.07 level with positive bias, in upcoming session upside movement is expected.

MACD and Signal line is sustaining above the zero level line.

FTSE Forecast | TESCO PLC Sell call

MARKET OVERVIEW

UK stocks fell for the fourth nonstop day on Wednesday with London's FTSE 100 finishing at its lowest level in five months as Greece continued to fight with creditors to secure a bailout deal.

The FTSE 100 ended the day in red by 29.55 points at 6680.55 If during the day market breaches the support level of 6650 on the downside after consolidation, then it can test the level of 6600 and the immediate resistance level is 6750.

TESCO PLC 

RECOMMENDATION SELL

TARGET 208

The Major trend of TECSO PLC it is showing strength for selling. If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 208 then it can test support level for the target of 205 with the stop loss of 211.

CHART FORMATION:-

Stock is trading in a range and trading near the trendline. Breaking the support line will lead to downside movement. Stock is trading above the 50 DMA with negetive bias.

INDICATORS:-

RSI is trading near to 40.44 level with negetive bias, in upcoming session downward movement is expected.

MACD and Signal line is sustaining below the zero level line.

UK STOCK TIPS | INTERNATIONAL CONSOLIDATED AIRLINES PLC BUY CAll

London stocks finished in the red on Friday, after scratching out earlier gains subsequent some weaker-than-expected economic data from the States. Bwin surges, Coca-Cola HBC helped in erasing earlier gains.

The FTSE 100 ended the day in red 12.55 points at 6,960.49, after investors were taking best shot to have a hunch the time frame for a Federal Reserve rate hike in light of unfavorable data on industrial production & consumer confidence. If during the day market breaches the support level of 6930 downside after consolidation, then it can test the level of 6870  and the immediate resistance level is 6970.

STOCK TO PICK - INTERNATIONAL CONSOLIDATED AIRLINES PLC

RECOMMENDATION  BUY

TARGET 575

The Major trend of INTERNATIONAL CONSOLIDATED AIRLINES PLC it is showing strength for buying. If it breaks the  resistance level then one can initiate the buying position in the stock. If it breaks the level of 569 then it can show upside movement for the target of  575 with the stop loss of  563.

CHART FORMATION:-

Stock is trading in a range and  breaking its neckline will lead to upside movement. Stock is trading above the 50 DMA with positive bias.

INDICATORS:-

RSI is trading near to 53.94 level with positive bias, in upcoming session upside movement is expected.

MACD and Signal line is sustaining above the zero level line.

FTSE Daily Forecast | HARGREAVES LANSDOWN PLC Sell Call

London stocks finished a wavy session on a small scale in favourable territory on wednesday, as investors risk appetite was keep tight rein oby pre-election uncertainity and vigilant comments from Federal Reserve chair Janet Yellen. Corporate earnings were mostly pleasing by investors on Wednesday, with blue chips Sage Group, Imperial Tobacco, Legal & General and GKN all impressing, though Sainsbury's disappointed with its first annual loss in a decade.

The FTSE 100 ended the day in green by 0.09 % at 6,933.74, regaining its health slightly after put an end to one month low the preceding session. If during the day market breaches the support level of 6900 downside after consolidation, then it can test the level of 6820 on the downside and on the upside it has a support level of 6960.

HARGREAVES LANSDOWN PLC

RECOMMENDATION SELL

TARGET 1112  The Major trend of HARGRAVES LANSDOWN Plc is sideways and it is showing strength for selling. If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 1167 then it can show downside movement for the target of 1112 with the stop loss of 1202

CHART FORMATION:-

Stock is trading in a range and breaking its neckline will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

INDICATORS:-

RSI is trading near to 35.90 level with negative bias, in upcoming session downside movement is expected.

MACD and Signal line is sustaining below the zero level line.

UK Market ended up in green | WPP Plc Sell Call

London stocks ended on higher note, after reaping benefits from Mining stocks and stunning performance in first quarter by UK lender, Lloyds played a very crucial to end up UK markets on green, as investors shake off mostly worse than expected economic data.

The FTSE 100 ended the day up 25.32 points at 6,985.95, after dragging back preceding losses. Favorable Wall Streets also played a vital role in ending up the UK market in green. If during the day market breaches the support level of 6900 downside after consolidation, then it can test the level of 6820 on the downside and on the upside it has a support level of  6960.

                                       Stock To Pick Today

RECOMMENDATION  SELL

TARGET 1464

The Major trend of WPP Plc is sideways and it is showing strength for selling. It is sustaining below  the support  level then one can initiate the selling position in the stock. If it breaks the level of 1509 then it can show downside movement for the target of  1440 with the stop loss of  1561.

CHART FORMATION:-

Stock is trading in a range and breaking its support will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

INDICATORS:-

RSI is trading near to 36.70 level with negative bias, in upcoming session downside movement is expected.

MACD and Signal line is sustaining below the zero level line.