Day Trading FTSE 100 picks

If you are a day trader of FTSE 100 stocks follow this thread for daily picks.

TESCO PLC



BUY for TARGET 215

Trend shows strength for buying. If it breaks the resistance level of 212 then it can achieve target level of 215.

CHART

Stock is trading in a range and trading near the trendline. Crossing the resistance line will lead to downside movement. Stock is trading above the 50 DMA with +ve bias.

Skype tayal.smith1

tayalsmith1,

TSCO hit 215.35p so your target was reached. Well done.

Where to next?

Will it drop back and test the 200-202p area?

JOHNSON MATTHEY PLC




BUY
TARGET 1225

Resistance 1210

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

Skype tayal.smith1

not in next few days.

But in long it can

TESCO PLC

BUY




TARGET 217.30

The Major trend of TESCO 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 214.25 then it can test resistance level for the target of 217.30

Skype tayal.smith1