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Wednesday, 30 July 2014

A positive a reaction to updates from professional GKN



A positive a reaction to updates from professional GKN and style retailer Next owned the FTSE 100 catalog 19. 68 points higher to 6, 807. 70.  The gains were tied to the European Union's determination to impose additionally sanctions against Paris, while declines over in the usa also pulled the index reduced late trading.  FTSE 100 Started out on positive observe manages to trade above how much 6800 and created a intraday excessive at 6835 with upcoming session if it manages in order to sustain above 6750 level and consolidate in close proximity to resistance breaching associated with 6850 level can test the exact level 6900 with the particular support of 6600.

TOP GAINER

Name
Close Price
Change %
Next
6690
2.61
Dly Mail & Gen Tst A
845
2.36
Standard Chartered
1248
2.09
Rsa Insur grp
466.5
1.68
Rio Tinto
3475
1.53

TOP LOSER

Name
Close Price
Change %
Bp
484.25
-2.54
B Sky B Group
890
-1.6
Tate & Lylr
649.5
-1.14
Hays
122.9
-0.97
Dixons Retail
51.9
-0.95

INDICATORS:-
RSI has manages to trade above 50 level and looking strong for buying , breaching of 58 level it can test 70 level.
Fast line has given the break out above slow line and managing to trade above zero level line indicating strength for buying in the stock.
In ADX, Positive DI is about to give break out above negative DI which is indicating strength for buying.




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