Day Trading FTSE 100 picks

JOHNSON MATTHEY PLC BUY


TARGET 2950
The Major trend of JOHNSON MATTHEY PLC it is showing strength for buying .If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 2920 then it can test resistance level for the target of 2950 with the stop loss of 2890.



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

Skype tayal.smith1

JOHNSON MATTHEY PLC

SELL
TARGET 2950
The Major trend of JOHNSON MATTHEY PLC it is showing strength for buying .If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 2920 then it can test resistance level for the target of 2950 with the stop loss of 2890 .




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

Skype tayal.smith1

MERLIN PLC

SELL
TARGET 405
The Major trend of MERLIN PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 411 then it can test support level for the target of 405 with the stop loss of 415

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

ANTOFAGASTA PLC

BUY

TARGET 593
The Major trend of ANTOFAGASTA PLC it is showing strength for buying .If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 587 then it can test resistance level for the target of 593 with the stop loss of 583 .



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

Skype tayal.smith1

ANGLO AMERICAN PLC
BUY

TARGET 810

The Major trend of ANGLO AMERICAN PLC it is showing strength for buying. If it breaks the level of 800 then it can test resistance level for the target of 810 with the stop loss of 790 .



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


Skype tayal.smith1

EXPERIAN PLC
SELL
TARGET 1135
The Major trend of EXPERIAN PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 1148 then it can test support level for the target of 1135 with the stop loss of 1160



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