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Wednesday, 6 August 2014


UK stocks was able the slightest regarding gains on Tuesday as traders found bargains after a 2% slump for that FTSE 100 throughout the last four sessions.  Acting being a backdrop, better than expected data around the US services market helped to balance out figures which uncovered activity in China's very own services sector with a nine-year low.  The FTSE 100 ended up being up 0. 07% better at 6, 682 because of the close of buying and selling after finishing Monday's treatment at 6, 677. 52 - its cheapest close since 10 Come july 1st. For upcoming buying and selling session if it manages to deal above 6700 level it could possibly show short period recovery, Breaching of 6600 level it could possibly test the amount of 6500.
TOP GAINER

Name
Close Price
Change %
Dixnos Retail
52.95
1.53
Itv
207
1.37
Next
6780
1.12
Dly Mail & Gen Tst A
829.6
1.11
Glaxosmithkline
1445.5
1.08

TOP LOSER

Name
Close Price
Change %
Man Group
116.7
-4.3
Intercont Hotels
2288
-3.26
William Hill
336.3
-1.52
Whitbread
4162
-1.51
Royal Bk Scotl Gr
347.3
-1.48

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.
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