US equity market rose despite weak report

ABBOTT LABS

Market Overview:-

US equity market rose despite weak report on economic growth on Thursday, as investors seem to be bullish in the economy. The S&P 500, Nasdaq and Dow Jones Industrial Average closed comfortably higher for the day. All the three major indexes were positive for the month as unemployment benefits fell more than expected last week. With no major data due on Friday market might trade in a range closing in the month of May near positive 3 percent.

STOCK SUMMARY:-
Abott Labs is overall in consolidate trend and is sustaining at higher levels on chart. Traders can sell the stock below the level of $39.55 which is a near term support level for the stock, and if it manages to breach this level further bearish movement is expected in this stock to test the levels of $38.50.

CHART FORMATION
Stock is in consolidate trend for near term and price is taking support from trend line with a formation of bearish pattern on daily intraday chart. Near term breach of support level of $39.55 is expected, which would result into bearish sentiment in the stock to test the levels of $38.50.


INDICATORS:-
RSI is trading with negative bias and in MACD signal line is sustaining below MACD line which  is indicating  the bearish sentiment in the stock.

Activate Your Free Trial Now for #FOREX,#COMEX,Stock Picks,#UK Stock Picks ,#HK Stock Picks.!!..Simply #Comment Your #Mobile Number and #E-Mail id Or Fill the Free trial Form Follow Link Here :-

http://form.jotform.me/form/41402916420444? And like our Facebook page at :https://www.facebook.com/marketlive365

For more details visit our website:http://www.marketlive365.com/

European stocks market overview

Berendsen Plc

MARKET OVERVIEW
European stocks were mixed after data revealed an increase in German unemployment and a slowdown in the rate of growth in the Eurozone's money supply. The FTSE had a slightly positive session after initially falling during the open on Wednesday and manage to closed at 6851 with gain of 6points.In near future it's looking bullish on charts and consolidating above the support level of 6800 with positive bias, RSI has managed to give the break out above the 50 DMA and MACD & Signal line is managing to trade above the zero line with positive bias .FTSE100 is facing resistance from the level of 6890 crossing of it can test the level of 7000 with the support level of 6800.

STOCK SUMMARY:

Berendsen Plc is accumulating from lower level and looking good for buy in daily & intraday charts.It's  facing resistance from the 89 EMA and consolidating near to the resistance level  if it manages give breakout above it crossing of it can show upside movement in the stock. Trader can initiate the long position in the stock above the level of 1003 for the target of 1023 as it has facing 200 DMA and can once test the level crossing of it can show further upside movement can give the target of 1053 with sl of 989.

INDICATORS:-

RSI is trading  above the level of 50 with positive bias & looking further bullish in near future it can test the level of 70. 

MACD & Signal line are given the break out above the zero level line ,positive movement is expected

In stochastic K% is trading above the D% which is indicating buyers are active.

For more details visit our website: 
Activate Your Free Trial Now for #FOREX,#COMEX,Stock Picks,#UK Stock Picks ,#HK Stock Picks.!!..Simply #Comment Your #Mobile Number and #E-Mail id Or Fill the Free trial Form Follow Link Here :- http://form.jotform.me/form/41402916420444?
For more details visit our website: http://www.marketlive365.com/

US equity Market Overview:-

US equity market was at its all-time highs on Tuesday as investors welcomed positive economic reports of US and a wave of buying in Europe after a long weekend. Traders after a long weekend showed up a positive sentiment in the market but with a less volume. Wall Street was led majorly by gains in tech, utilities and financial stocks. Data showed orders for US Manufacturing goods rose unexpectedly in April with a rise in home prices in March, beating expectation. With no major data on Wednesday market is expected to keep its pace lower with range bound movement.

FORD MTR CO DEL

Recommendation : Buy Above $16.20
Target : $17.20

STOCK SUMMARY:-
Ford Motor Co is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $16.20 which is a near term resistance level for the stock, and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $17.20.

CHART FORMATION
Stock is in bullish trend for near term and price is taking support from trend line with a formation of inverse Head and Shoulder pattern on daily intraday chart. Near term breach of resistance level of $16.20 is expected, which would result into bullish sentiment in the stock to test the levels of $17.20.

INDICATORS:-
RSI is trading with positive bias and in MACD signal line is sustaining above MACD line which  is indicating  the bullish sentiment in the stock.

For more details visit our website:http://www.marketlive365.com/
Activate Your Free Trial Now for #FOREX,#COMEX,Stock Picks,#UK Stock Picks ,#HK Stock Picks.!!..Simply #Comment Your #Mobile Number and #E-Mail id Or Fill the Free trial Form Follow Link Here :-
http://form.jotform.me/form/41402916420444?

MARKET OVERVIEW for UK

MARKET OVERVIEW for UK stocks
It was a negative finish for UK stocks in the final session of the week, with investors focused on the Bank Holiday, European and Ukraine elections, while several stocks retreated from gains seen earlier in the week. . The FTSE 100 ended the final session of the week 4.81 points lower at 6,815.75  as it was opened gap down and did not managed to breach it's major support level of 6780 and showed upside movement from their and manages to closed  with moderate loss .RSI is managing to trade above 50 Level and facing resistance at 58 level crossing of it can test the level 70.In upcoming trading session FTSE can continue it's major trend crossing of the 6850 level it can test the level of 6900,6950 with support of 6780 level.

Drax Group Plc

RECOMMENDATION Buy
TARGET 648
STOCK SUMMARY:
The Drax Group Plc is looking good for buy in daily & intra day charts. Stock is showing strength for buying from the lower level and it has given the break out of the trend line and sustaining above that with positive bias Trader can initiate the long position in the stock above the level of 615 for the target of 648 with 50 DMA is looking good stop loss level at 599.

CHART FORMATION
Stock has given the break out of the falling channel and sustain near to the resistance level,crossing of the resistance level can show upside movement
Stock is managing to trade above the 50 DMA  & 89 EMA with positive bias.

INDICATORS:-
RSI is trading  above the level of 60 with positive bias & looking further bullish in near future it can test the level of 70.
MACD & Signal line are given the break out above the zero level line ,positive movement is expected


Activate Your Free Trial Now !!..Simply Comment Your Number Or Fill the Free trial Form Follow Link Here :-
http://form.jotform.me/form/41402916420444? And like our Facebook page at :https://www.facebook.com/marketlive365

Ukraine’s effect on the current markets

Ukraine’s effect on the current stock markets:

Thursday night, this world wide fairness marketplaces lowered along with A language like german along with US provides greater in benefit in excess of considerations about the circumstances in Ukraine along with Russian federation. Although additionally it is imperative that you observe that Eu along with US amounts about the economic climate just weren't amazing, this marketplaces generally shifted in this way since Vladimir Putin of Russian federation advised a variety of Eu health systems that will Russian federation will not present natural gas in order to European countries since July 2nd, 2014 in the event Ukraine doesn't pay it is debt. A lot more particularly, Vladimir Putin reported which the fuel exporter Gazprom had been compelled in order to demand that will Ukraine purchase fuel beforehand starting in July of 2014 since Ukraine currently due $3. 5 thousand regarding fuel. Putin additionally urged various other leaders in European countries to help Ukraine having its financial worries along with help fix this particular fuel struggle. Throughout result, the united states currency markets lost 1 %, futures in European countries lost 0. 8 %, as well as the MSCI entire world fairness index fell into 0. seventy-five %.

Further, as the EUROPEAN, america along with other international locations jeopardize Russia with further sanctions, the particular Ruskies government can also be looking to slow up the impact of the YOU $ in world wide industry dealings. The Ruskies government options to achieve this by choosing not to ever industry acrylic and also gas in YOU money. If your substantial amount of acrylic and also gas dealings occur in values other than america $, it would appreciably alter the particular international trading setting and also impact america $ straight.

Note:click only Traders and those who wants FOREX SIGNALS on trial..

Than click Here : http://form.jotform.me/form/41402916420444?
Our Facebook page : https://www.facebook.com/marketlive365