WORLD MARKET UPDATE- 30 JAN 2012 WORLD INDEX TECHNICAL ANALYSIS

FTSE-100
Astrazeneca Plc:BUY
2nd Resistance Point 3079.000
1st Resistance Point 3057.500
Last Price   3036.000
1st Support Level 3021.000
2nd Support Level 3006.000

SELL-VEDANTA....AVIVA....BARCLAY...RBS WILL FALL VERTICAL

BUY-PHARMA STOCKS+VODAFONE........

Essar Energy Plc: STRONGLY SELL

2nd Resistance Point 139.800
1st Resistance Point 137.100
Last Price   134.400
1st Support Level 132.400
2nd Support Level 130.400

30/1/2012INTRADAY TRADING LEVELS	FTSE 100	CAC 40	Dow Jones	S&P500	Nasdaq 100	Gold
BULL RALLY	5861.44	3417.68	12837.3	1328.4	2485.09	1758
UP BREAKOUT	5818.78	3384.71	12778.4	1324.38	2477.32	1749.4
SELL	5776.11	3351.73	12719.4	1320.35	2469.54	1740.8
PIVOT	5752.54	3335.25	12675.1	1316.04	2459.69	1728.5
BUY	5709.87	3302.27	12616.1	1312.01	2451.91	1719.9
DOWN BREAKOUT	5686.3	3285.79	12571.8	1307.7	2442.06	1707.6
BEAR RALLY	5643.63	3252.81	12512.8	1303.67	2434.28	1699

Palladium Cash:Indicators signal:Strong Buy

2nd Resistance Point        689.00
1st Resistance Point   687.00
Last Price   686.00
1st Support Level       683.00
2nd Support Level       681.00
FTSE NEWS UPDATE:

BP Plc (LON:BP) shares are maintained at Buy at Dolmen Stockbrokers. Dolmen have set a target share price at 550 on BP stock, there is an upside of 18% from our last quote at 466.2.


Royal Dutch Shell plc (LON:RDSA) is still a Buy at ING Wholesale Banking; a target share price is set at 2268, this is some 22% higher than our last quote at 2761.


Cairn Energy plc (LON:CNE) is a Hold at Numis Securities. A target share price at 304 suggests a potential upside of 7.6% from our last quote at 282.6.

(SOURCE:http://www.dofonline.co.uk/content/view/5999/152/)