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.

London stocks| WPP Plc sell call

London stocks ended up in blue after scratching out the losses to settle in positive territory on Thursday as investors uphold bargains following abundant losses over the last two sessions. A number of stocks were trading lower after going ex-dividend, including Centrica, Fresnillo, ITV, Reed Elsevier and Travis Perkins.

The FTSE 100 ended the day up 14.35 points at 6,960.63, after renew one's strength after hitting a loss of  6906.24 early on throughout a hybrid batch of global earnings and Global economic data. 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