Day Trading FTSE 100 picks

TUI AG PLC

RECOMMENDATION SELL

TARGET 1000

The Major trend of TUI AG PLC it is showing strength for selling.
If it breaks the support level of 1015 then it can test support level for the target of 1000 with the stop loss of 1025.




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

SELL

TARGET 2955

The Major trend of JOHNSON MATTHEY PLC it is showing strength for selling.



If it breaks the level of 2985 then it can test support level for the target of 2955 with the stop loss of 3015.

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

Skype tayal.smith1

TAYLOR WIMPEY PLC

TARGET 195.50



The Major trend of TAYLOR WIMPEY PLC it is showing strength for buying.
If it breaks the resistance level of 191.50 then it can test resistance level for the target of 195.50 with the stop loss of 189.50

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

TRAVIS PERKINS PLC (LON:TPK)

TARGET 2115

The Major trend of TRAVIS PERKINS PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock.

Support level of 2137 then it can test support level for the target of 2115 with the stop loss of 2157



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

TUIAG PLC

SELL SELL

TARGET 1015

The Major trend of TUIAG 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 1028 then it can test support level for the target of 1015 with the stop loss of 1038

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

ASSOCIATED BRITISH FOODS PLC

SELL

TARGET 2840

The Major trend of ASSOCIATED BRITISH FOODS PLC is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock.

Support level of 2910 with the stop loss of 2970.



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


Skype tayal.smith1