Day Trading FTSE 100 picks

Reed Elsevier plc (LON:REL) SELL
TARGET 1085
The Major trend of RELX 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 1096 then it can test support level for the target of 1085 with the stop loss of 1106



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

INTU PROPERTIES PLC

BUY
TARGET 340
The Major trend of INTU PROPERTIES 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 337then it can test resistance level for the target of 340 with the stop loss of 334.



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

CENTRICA PLC

BUY
TARGET 280
The Major trend of CENTRICA 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 277 then it can test resistance level for the target of 280 with the stop loss of 274.



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

ROYAL BANK OF SCOTLAND PLC

BUY
TARGET 365
The Major trend of ROYAL BANK OF SCOTLAND 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 362 then it can test resistance level for the target of 365 with the stop loss of 359.



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

3I GROUP GROUP PLC

BUY

TARGET 570

The Major trend of 3I GROUP GROUP 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 564 then it can test resistance level for the target of 570 with the stop loss of 558



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

RECOMMENDATION BUY
TARGET 275.50
The Major trend of LEGAL & GENERAL GROUP 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 272.80 then it can test resistance level for the target of 275.50 with the stop loss of 270.50



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