Aviva PLC recommended for SELL | FTSE 100 ended up

UK Stock Pick for Today

London stocks ended the session higher, tracking gains on the other side of the Atlantic despite the somewhat mixed newsflow coming out of Greece. Greek finance minister Yanis Varoufakis was urged to speed up progress on a list of economic reforms required to appease creditors in order to unlock further aid.

The FTSE 100 ended the day up 17.03 points at 7,070.70, while the yield on the benchmark 10-year Greek bond was unchanged at 12.58%. If during the day market breaches the resistance level of 7120 upside after consolidation, then it can test the level of 7180 on the upside and on the downside it has a support level of 7080.

Stock Recommendation for the day: Aviva PLC

RECOMMENDATION SELL

TARGET 512

The Major trend of AVIVA Plc is sideways and it is showing strength for selling. It is sustaining near the support level then one can initiate the selling position in the stock. If it breaks the level of 525 then it can show downside movement for the target of 512 with the stop loss of 535.

CHART FORMATION:-

Stock has formed Head and Shoulder pattern and trading in a range and breaking its support will lead to downside movement. Stock is trading below the 50 DMA with negative bias.

INDICATORS:-

RSI is trading near to 37.42 level with negative bias, in upcoming session downside movement is expected.

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

Sign up for UK Stock Market Trading Strategies

Top Day Trading Instruments | Foreign Exchange Market | Accurate Day Trading Tips

Day trading involves buying and selling (or 1st short sale then shopping for back) an instrument with an aim at making a fast profit. The holding period could vary from a couple of seconds to a couple of hours however not exceed the span of a trading day. Most day trading happens on margin, permitting traders with limited capital to take massive positions, that are multiple times their trading capital. large volume additionally ensures lower transactional prices. 

Day Trading Strategies

Top Day Trading Instruments are as follows: 

• Forex Instruments
• Index Futures
• Futures on Volatile Stocks
• Commodity Futures
• Options on Indices (and Volatile Stocks)

Learn how to make profit by Forex Trading

Before you start trading in any of the above instruments, one should do their homework first i.e. learn thoroughly about the market, about the trading instrument you are going to invest in. One should also do a study on the broker he/she is going to consult. For starters one can always first trade in a demo account. The best part of demo trading account is one gets to now the entry and exit points. As said, the more you practice, the better you get, lies same in the day trading industry too. Experiment a lot before you step into a real account.

In trading there are chances of loosing money, if you don't play safe. One should always trade with a stop loss. Trading with stop loss helps in minimizing the trading losses. One should always plan ahead for reasonable losses and have proper money management techniques.

Today's term of the day: Foreign Exchange Market

FOREX is the most widely traded instruments globally. In this segment, individuals can buy, sell or hold positions on currencies. These are made up of management firms, funds, banks, brokers and investors. Forex market are believed to be the most efficient since they are large and liquid. It also connects people from all parts of the world.

If you are looking for market trading tips in Forex, Comex or Equity. You can avail real time trading signals in all of these segments. Other benefits include: Live Chat service, recommendations through call and SMS etc.  Sign up here at Accurate Day Trading Tips

AUD/USD report today | Free Forex Trading Signals

Get daily forex signals on your mobile, based on accurate trading tips by our research experts. Get daily trading recommendations and best forex trading tips. Today, we are sharing AUD/USD trading signal. 

AUD/USD

The AUDUSD fell initially during the course of the session on yesterday, testing the 0.7550 level. We turned back around to form a hammer, and a break above there would have this market looking for the 0.77 level. We are looking for some type of resistant candle in order to start selling, as the 0.75 level below is the target. If we can break below there, the market should then head to the 0.70 level.

If you are looking for accurate Forex trading signals, or Forex trading strategies, Call me at 0-808-189-3124. 

For free signals, sign up at Free Forex Signals.