Day Trading FTSE 100 picks

AGGREKO PLC

SELL
TARGET 1410




The Major trend of AGGREKO 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 1445 then it can test the target level for 1410 with the stop loss of 1475.

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 -ve bias.

Skype tayal.smith1

SABMILLER PLC


BUY BUY

TARGET 3475

The Major trend of SABMILLER PLC it is showing strength for buying .

If it breaks the resistance level of 3445 then it can test resistance level for the target of 3475 with the stop loss of 3415





CHART FORMATION:-
Stock is trading in a range and trading near the trendline. Stock is trading above the 50 DMA with +ve bias.

Skype tayal.smith1

BAE SYSTEMS PLC

RECOMMENDATION BUY
TARGET 490

The Major trend of BAE SYSTEMS PLC is consolidating on charts.



If it breaks resistance the level of 483 then it can test upside for the target of 490 with the stop loss of 478.

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 +ve bias.

Skype tayal.smith1

KINGFISHER PLC

TARGET 369.50

The Major trend of KINGFISHER 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 372.50 then it can test the target of 369.50 with the stop loss of 375.50.



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 -ve bias.

Skype tayal.smith1

ARM HOLDING PLC





ARM HOLDING PLC is showing strength for buying. If it breaks the resistance level then one can initiate the buying position in the stock.
Resistance level of 1135 with the stop loss of 1125

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

Skype tayal.smith1

Was looking at this myself with the 123 low break @ 3081.

Hoping for a backtest before I enter