Day Trading FTSE 100 picks

PEARSON GROUP PLC
SELL

TARGET 1180
The Major trend of PEARSON GROUP 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 1193 then it can test support level for the target of 1180 with the stop loss of 1205.



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

BRITISH AMERICAN PLC

SELL
TARGET 3760
The Major trend of BRITISH AMERICAN 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 3795 then it can test support level for the target of 3760 with the stop loss of 3825.




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

ROLLS-ROYCE HOLDING PLC

BUY

TARGET 817
The Major trend of ROLLS-ROYCE HOLDING 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 808.50 then it can test resistance level for the target of 817 with the stop loss of 800.50.



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

MERLIN ENTERTAINMENTS PLC

SELL
TARGET 394
The Major trend of MERLIN ENTERTAINMENTS 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 398 then it can test support level for the target of 394 with the stop loss of 402.



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 above the 50 DMA with negative bias.

Skype tayal.smith1

ANTOFAGASTA PLC

BUY
TARGET 585
The Major trend of ANTOFAGASTA 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 576 then it can test resistance level for the target of 585 with the stop loss of 570





CHART FORMATION:-
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

JOHNSON MATTHEY PLC

SELL

TARGET 2805
The Major trend of JOHNSON MATTHEY 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 2840 then it can test support level for the target of 2805 with the stop loss of 2875.




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