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Friday, 27 June 2014

Turbulent session for London-listed stocks and shares

UK MARKET OVERVIEW:

Land Securities Group Plc
It proved to be a turbulent session for London-listed stocks and shares, with the top tier index finally closing barely throughout positive territory the way it struggled to get back sharp losses that came with the opening of US markets today. The FTSE 100 shut up just 1. 5 details at 6, 735. 12. The upside was led with the London Stock Exchange Group and property builders, but gains were restricted to banking heavyweights Barclays in addition to Standard Chartered. FTSE 100 opened up on flat note and consolidated near the level and produced intra day reduced at 6703 yet showed smart recovery from your support and deals with to close with flat note. RSI is sustaining below the level of 50 and consolidating near the level breaching of computer can show drawback movement. In upcoming investing session 6700 amount is acting of the same quality support level breaching of computer can show even more correction and test the level of 6600 with your resistance of 6900.

TOP GAINER
Name
Close Price
Change %
Itv
176.3
4.01
Enterprise Inns
130
2.77
Johnson Mathey Plc
3050
2.45
Vodafone Group
194.25
2.34
Wpp
1259
1.7

TOP LOSER
Name
Close Price
Change %
Barclays
215
-6.52
Standard Charteres
1203
-4.33
Reckitt Benck Grp
5030
-1.85
Hsbc Hldg
594.6
-1.16
William Hill
325
-1.07

INDICATORS:-
RSI has manages to trade near to level of 65 and consolidating in positive territory in near future it can give break out above 70 level .
ADX is trading above 25 level, Positive DI has given the break out above negative DI which indicating the bullishness in the stock.
In MACD , Fast line has manages to give break out above slow line and manages to trade above zero level line which is indicating strength for buying in the stock.


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