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Tuesday 24 June 2014

UK MARKET OVERVIEW

London's blue chips ended Monday's session in the red, hit by house builders, declines in the States early on and nerves about the situation in Iraq. This FTSE 100 closed down 24. sixty four points at 6, 900. 56, having come off its intra-day reduced of around 6, 786. 65 seen this morning. RSI is sustaining below the amount of 50 with negative and facing opposition from 9 DMA breaching with the 44 level which is acting as a great support level it may show further correction. In upcoming investing session If list manages to sustain towards the level of 6800 breaking of 6750 level it may test the amount of 6750 and going through resistance from 6900 stage.
Bwin Party Digital Entertainme Plc

STOCK SUMMARY: --
Danaher Corp Delete is overall with bullish trend and it is sustaining at better levels on data. Traders can choose the stock above the amount of $80. 75 the near term resistance level to the stock, and if it manages to breach this level additionally bullish movement is expected with this stock to test the numbers of $82. 25.
GRAPH FORMATION
Stock is at bullish trend for near term along with price is keeping above the craze line with beneficial consolidation on day-to-day intraday chart. Near term breach of resistance degree of $80. 75 can be expected, which would result in bullish sentiment inside stock to test the numbers of $82. 25.

INDICATORS:-
RSI is trading below the level of 50 with negative bias & forming further pattern for short and can test the level of 30 in upcoming trading session.
In ADX, Negative DI is about to give break out of positive bias which is confirming the weak in the trend of stock.

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