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

London Stocks | Sell SCHRODERS Plc

London Stocks dropped sharply again on Wednesday as gloomy US economic data and ongoing uncertainty in Greece hammered sentimen. FTSE 100 finished 1.2% lower at 6,946.28, with investors extra cautious ahead of a policy statement at the Federal Reserve after the close. Ii was second straight day of +1% losses for the index continued to pull back from the record closing high of 7,103.98 reached on Monday.

In upcoming session it is most likley to be in beear mood as during last trading session index has broken the support level of 6975 and close below the same, now next support can be found at 6820 in upcoming session. On the higherside it has a resistance level of 7020.

RECOMMENDATION SELL

TARGET 3182

The Major trend of SCHRODERS Plc is sideways and it is showing strength for selling. It is sustaining near the support level then one can initiate the selling position in the stock. If it breaks the level of 3252 then it can show downside movement for the target of 3182 with the stop loss of 3306.

SCHRODERS PLC

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 40.10 level with negative bias, in upcoming session downside movement is expected.

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

FTSE forecast| DIAGEO Plc-Selling Strength

UK equity market ended on a higher note on Thursday, as investors absorbed a chunk of heartening earnings, heterogeneous economic data and news of bloom in Greece. Antofagasta, Rio Tinto, BHP Billiton and Fresnillo were among the star performers. The FTSE 100 ended the day up 25.43 points at 7,053.67 as blue-chip miners reaped benefits with manufacturing data from China. If during the day market breaches the resistance level of 7120 upside after consolidation, then it can test the level of 7180 on the upside and on the downside it has a support level of 7080.

RECOMMENDATION SELL

TARGET 1782 The Major trend of DIAGEO Plc is sideways and it is showing strength for selling. It is sustaining near the support level then one can initiate the selling position in the stock. If it breaks the level of 1846 then it can show downside movement for the target of 1782 with the stop loss of 1894.

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 42.63 level with negative bias, in upcoming session downside movement is expected. MACD and Signal line is sustaining below the zero level line.

FTSE Financial stocks weakened sharply

London stocks market lost one's grip on Friday. The Financial stocks with St James's Place, Schroders, Barclays and Hargreaves Lansdown weakened sharply due to volatility across the Global markets. Mining stocks suffered from a reduction in risk appetite, with Anglo American and Antofagasta among the worst performers on the Index.

The FTSE 100 fell 0.93% by the close at 6994.63 after a terminal collapse and variations in Chinese trading regulations. If during the day market breaches the support level of 6960 downside after consolidation, then it can test the level of 6900 on the downside and on the upside it has a resistance level of 7000.

RECOMMENDATION SELL

TARGET 512.50

The Major trend of BARRATT DEVELOPMENTS Plc is sideways and it is showing strength for selling. It is sustaining near the support level then one can initiate the selling position in the stock. If it breaks the level of 524.50 then it can show downside movement for the target of 512.50 with the stop loss of 532.

CHART FORMATION:-

Stock is trading in a range and breaking its support will lead to downside movement. Stock is trading below the 50 and 200 DMA with negative bias.

INDICATORS:-

RSI is trading near to 42.27 level with negative bias, in upcoming session downside movement is expected.

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

FTSE Forecast | ANGLO AMERICAN Plc buy call

London stocks market ended up in red, as bonds yields in Athens got through the roof on the back of uneasiness over a potential Greek default. This restricted UK market to reach to its zenith. Downward slope is shown in Ex-div stocks, Telecom Plus and Petra.

The FTSE 100 slanted 0.51% by the close at 7060.45 after Athens unfussy approach towards pro casting loan repayments to IMF. If during the day market breaches the resistance level of 7120 upside after consolidation, then it can test the level of 7180 on the upside and on the downside it has a support level of 7080.

RECOMMENDATION BUY

TARGET 1120

The Major trend of ANGLO AMERICAN Plc is sideways and it is showing strength for buying. It is sustaining near the resistance level then one can initiate the buying position in the stock. If it breaks the level of 1072 then it can show upside movement for the target of with the stop loss of 1030.

CHART FORMATION:-

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

INDICATORS:-

RSI is trading near to 48.58 level with positive bias, in upcoming session upside movement is expected.

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

FTSE stocks | buy call UNITED UTILITIES

London stocks bended higher due to the stunning performance in Mining stocks but then too it was bounded on the upside. Vigilance is seen by investors with high record of market over vagueness in Greece and Macro factors.

The FTSE 100 ended up in green, gained 0.16% at 7075.26 after wavinng between positive & negative territory through out the day. If during the day market is breaches the resistance level of 7120 upside after consolidation, then it can test the level of 7180 on the upside and on the downside it has a support level of 7080.

RECOMMENDATION BUY

TARGET 1006

The Major trend of UNITED UTILITIESGROUP Plc is sideways and it is showing strength for buying. It is sustaining near the resistance level then one can initiate the buying position in the stock. If it breaks the level of 984 then it can show upside movement for the target of 1006 with the stop loss of 972.

CHART FORMATION:-

Stock is trading near above inverse head and shoulder pattern neckline and breaking its resistance will lead to upside movement. Stock is trading above the 50 and 200 DMA with positive bias.

INDICATORS:-

RSI is trading near to 62.70 level with positive bias, in upcoming session upside movement is expected.

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

FTSE100 | Mining Stocks Drop Down

London stocks market pulled back from it's zeneith due to the slugish performance in Mining stocks. Mining stocks droped down sharply as a number of investment banks lowered their price assumptions for iron ore.

The FTSE 100 ended session down by 0.36% at 7064.30 due to political uncertainity & trubelence ahead of busy week. If during the day market is breaches the resistance level of 7120 upside after consolidation, then it can test the level of 7180 on the upside and on the downside it has a support level of 7080.

RECOMMENDATION BUY

TARGET 238

The Major trend of VODAFONE GROUP Plc is sideways and it is showing strength for buying. It is sustaining near the resistance level then one can initiate the buying position in the stock. If it breaks the level of 229.90 then it can show upside movement for the target of 238 with the stop loss of 224.

CHART FORMATION:-

Stock is trading near its resistance and crossing the resistance will lead to upside movement. Stock is trading above the 50 and 200 DMA with positive bias.

INDICATORS:-

RSI is trading near to 58.32 level with positive bias, in upcoming session upside movement is expected.

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