LONDON STOCKS FALL !

London stocks falls on a fourth day consecutive loss as a sell-off in iron ore and a stronger dollar hit share prices in the mining sector. In economic data, a Nationwide survey showed the annual growth in UK house prices slowed to an 18-month low of 5.1% in March. Meanwhile, the final estimate of fourth-quarter annualised US economic growth was confirmed at 2.2%, in line with initial estimates but down from 5% in the third quarter.

The FTSE 100 index ended the session down by 0.58 % at 6855.02, as it is not able to sustain above the 7000 level mark. If during the day market is breaching the support level of 6830 on downside after consolidation, then it can test the level of 6770 with the reistance of 6880.

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ANGLO AMERICAN PLC

RECOMMENDATION SELL

TARGET 990

The Major trend of ANGLO AMERICAN Plc is sideways and it is showing strength for selling. If it moves below the support level then one can initiate the selling position in the stock. If it breaks the level of 1025 then it can show downside movement for the target of 990 with the stop loss of 1058.

CHART FORMATION:-

Stock is trading near its support and it is trading near the support trendline and Crossing the support will lead to downside movement. Stock is trading below the 50 and 200 DMA with negative bias.

INDICATORS:-

RSI is trading near to 34.82 level with negative bias, in upcoming session downside movement is expected.

MACD and Signal line is sustaining below the zero level line.

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US Indices Edged Lower On Monday

FREE TRADING SIGNALS

US Indices edged lower on Monday on the heels of strong gains in the prior week, as investors weighed fluctuations in the dollar and its impact on other markets. The Dow Jones industrial average fell 11.61 points, to 18,116.04, the S&P 500 lost 3.68 points, to 2,104.42 and the Nasdaq Composite dropped 15.44 points, to 5,010.97. In Europe, Greece was in the spotlight as Greek and German leaders meet amid tensions over Athens' bailout program. Markets, the CAC and Dax were lower but FTSE outperformed. FTSE 100 finished the session up 15.16 point at 7,037.67, surpassing the previous all-time closing high. On other side Germany's Dax 30 in particular dropping 143.53 points, to 11895.84 after reaching record highs last week and CAC 40 also lost 32.97 points to 5054.52. Asian markets are mostly lower on Tuesday, tracking the weak cues from data showed that the manufacturing sector in China, dipped into contraction territory in March. Following that the Nikkei 225 index is declining 50.52 points, to 19,703.84. Hang Seng 50 too lost 135.51 points, to 24359.00 during first half of trading session and Only SPI/ASX 200 Index is up 22.00 points, to 5,978.10.

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Market View:

Index	Value	Net Change
DAX 30	11,895.84	-143.53
FTSE 100	7,037.67	+15.16
CAC 40	5,054.52	-32.97
Dow Jones30	18,116.04	-11.61
S&P500	2,104.42	-3.68
Nasdaq 100	5,010.97	-15.44
Nikkei 225	19,732.05	-22.31
S&P/ASX 200	5,973.50	+17.36
Hang Seng 50	24,359.00	-135.51

S&P/ASX 200 Future (1 HOURLY )

SUMMARY:
 

The S&P ASX 200 is in major up trend and it has shown small correction to 5925 in last few day trading session. Now Index traded with positive biasness and gaining more strength. It is likely to show northward movement in upcoming session it can cross 6000 psychological resistance mark.
Targets of 6050 and 6150 can be seen in upcoming trading session. Support has been found at previous significant low at 5900 on intra day chart. Index futures trading with support of 50 DMA in 1 hourly charts.
 

INDICATORS: 

Indicators also supporting the same upward movement in upcoming session. As RSI is sustaining above of 50 mark. Index on intra day chart have bullish cross over of 50 DMA and 200 DMA, Which would create good buying opportunity in the stock. ADX is placed at 25 mark with +DI closed above the -DI.

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London Stock Fall From New High !

London stocks fall from new high after the fear that sooner than expected lighting in the U.S.A dragged markets lower on Friday after a forecast in US jobs report. Economic data from U.S.A of Labor Department said 295,000 non-farm payrolls were added in February, beating the consensus estimate of 235,000 despite the recent severe winter weather. The unemployment rate declined to a seven-year low of 5.5% versus estimates of 5.6% and below 5.7% in January.

The FTSE 100 index fell 0.7% to 6911.80 to close market on negative note. If during the day market is breaching the support level of 6860 on downside after consolidation, then it can test the level of 6800 with the resistance of 6900.

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RECOMMENDATION BUY

TARGET 475

UDG Healthcare Plc

FREE CHARTS & SIGNALS

The Major trend of UDG Healthcare Plc is sideways and it is showing strength for buying . If it moves above the resistance then one can initiate the long position in the stock. If it breaks the level of 470 upside then it can show upside movement for the target of 475 with the stop loss of 466.

CHART FORMATION:-

Stock is trading near its resistance and breaking above that trendline will lead to buying in the chart. Crossing the trendline will lead to upside movement. Stock is trading above the 50 and 200 DMA with positive bias.

INDICATORS:-

RSI is trading near to 61.20 level with positive bias, in upcoming session upside movement is expected.

MACD and Signal line is sustaining above the zero level line.

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