Day Trading FTSE 100 picks

CAPITAL PLC

SELL

TARGET 1180

The Major trend of CAPITAL PLC it is showing strength for selling .If it breaks the support level then one can initiate selling position in the stock. If it breaks the level of 1193 then it can test support level for the target of 1180 with the stop loss of 1205.





CHART FORMATION:-
Stock is trading in a range and trading near the trend-line. Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

Skype tayal.smith1

BUNZL PLC

BUY

TARGET 1740

The Major trend of BUNZL PLC it is showing strength for buying. If it breaks the resistance level then one can initiate buying position in the stock. If it breaks the level of 1720 then it can test resistance level for the target of 1740 with the stop loss of 1700.





CHART FORMATION:-
Stock is trading in a range and trading near the trend-line. Breaking the resistance line will lead to upside movement. Stock is trading below the 50 DMA with positive bias.

Skype tayal.smith1

HSBC Holdings plc

SELL

TARGET 490

The Major trend of HSBC Holdings plc it is showing strength for selling .If it breaks the support level then one can initiate selling position in the stock. If it breaks the level of 494 then it can test support level for the target of 490 with the stop loss of 497.




CHART FORMATION:-
Stock is trading in a range and trading near the trend-line. Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

Skype tayal.smith1

BP PLC

SELL

TARGET 327

The Major trend of BP PLC it is showing strength for selling .If it breaks the support level then one can initiate selling position in the stock. If it breaks the level of 331 then it can test support
level for the target of 327 with the stop loss of 335




CHART FORMATION:-
Stock is trading in a range and trading near the trend-line. Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

Skype tayal.smith1

SPORTS DIRECT INTERNATIONAL PLC

SELL
TARGET 747
The Major trend of SPORTS DIRECT INTERNATIONAL PLC it is showing strength for selling .If it breaks the support level then one can initiate selling position in the stock. If it breaks the level of 757.50 then it can test support level for the target of 747 with the stop loss of 765




CHART FORMATION:-
Stock is trading in a range and trading near the trend-line. Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

Skype tayal.smith1

WEIR PLC

SELL
TARGET 1315

The Major trend of WEIR PLC it is showing strength for selling .If it breaks the support level then one can initiate selling position in the stock. If it breaks the level of 1315 then it can test support level for the target of 1295 with the stop loss of 1328.




CHART FORMATION:-
Stock is trading in a range and trading near the trend-line. Breaking the support line will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

Skype tayal.smith1