Capita PLC (LON:CPI)

[SMR]

Capita PLC is a United Kingdom-based provider of business process management and integrated professional support service solutions. The Company's operates in sectors, including health, property services, general insurance, investor and banking, services, integrated services, information technology (IT) services and consulting, life and pensions services, professional services and workplace services. The Company offers services, such as administration and business support, customer remediation, business process management, consultancy and change management, customer management, financial services, software solutions and travel and events, among others. The Company operates across the United Kingdom, Europe, South Africa and India.

Official website: www.capita.co.uk

[jonsmith]

SELL
TARGET 1180

The Major trend of CAPITAL PLC it is showing strength for selling .If it breaks the support level then one can initiate 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.



INDICATORS:-
RSI is trading near to 39.82 level with negative bias, in upcoming session downside movement is expected.

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

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