RSA Insurance Group plc (LON:RSA)

[SMR]

RSA Insurance Group plc is engaged in providing personal and commercial general insurance services. The Company is organized into four operating segments, Scandinavia, Canada, United Kingdom (UK) and Western Europe, and Emerging Market. Scandinavia, Canada and UK and Western Europe represent the major geographical areas in which the Company operates through established businesses in mature markets. The UK is the Company’s country of domicile and one of its principle markets. Western Europe includes operations in Ireland and Italy. Emerging Markets comprises the Group’s operations in Latin America, Asia and Central and Eastern Europe and the Middle East. All operations are engaged in providing personal and commercial general insurance services. Central functions include the Group’s internal reinsurance function and Group Corporate Centre.

Official website: www.rsagroup.com

[jonsmith]

BUY

TARGET 513

The Major trend of RSA INSURANCE GROUP PLC it is showing strength for buying .If it breaks the resistance level then one can initiate buying position in the stock. If it breaks the level of 508 then it can test resistance level for the target of 513 with the stop loss of 503.


INDICATORS:-

RSI is trading near to 60.26 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.

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