Tesco is one of the worlds leading international retailers. Since the company first the trading name of Tesco, in the mid 1920s, the group has expanded into different formats, different markets and different sectors. The UKs leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsburys position as the UK number one. The principal activity of the group is food retailing, with over 2,000 stores worldwide. Tesco has a long term strategy for growth, based on four key parts: growth in the Core UK business, to expand by growing internationally, to be as strong in non-food as in food and to follow customers into new retailing services. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).

Slow but steady progress nudging above 50DMA today.

Slow and steady just how I like it.. as long as it can hold/move higher be ok

Just moved above the 50 DMA -

Looking for 370p.

Strong finish today holding strong above 200 and 50 DMA

Stop to entry for risk free trade, target 375.0 (Limit)

CC - 385 be better ;)

Aye it would Nar and I hope it gets there. 375 is my target on the spreads. Away down to Southport in the wee hours spend some time with friends and family over the weekend. On Monday down to Lincoln to visit my eldest son, it's my granddaughters 6th birthday on Thursday, living in Aberdeen I only get to see her once a year so trading is not part of the plan. Market will still be here when I get back. :O)

Yeah true limit order way forward if you are away from the markets. (Enjoy It)

Technically this share looks like its heading north

Cheers.

I closed yesterday (SB) for +15 - hoping to re-enter slightly lower.

These are still one of my larger SIPP holdings.

Cantor Fitzgerald Buy 368.20 368.20 - 443.00 Reiterates

Maybe abit early Skinny

http://www.proactiveinvestors.co.uk/companies/news/59200/stock-up-with-tesco-shares-urges-cantor-59200.html

Chris you still holding you SB ?

Hi Nar, stopped out of top up @ 368.4 + 5 and stopped out of original trade today @ 366.8 for + 12. 370.0 is acting as resistance, still on holiday till end of week. Left a limit Buy @ 373.0 target if triggered 385.0 stop 364.0.

Seems like a very sensible SB position Chris - I sold this AM waiting to see where it goes from here

Yoga classes and hair salons? Every little helps for Tesco

Tesco is hoping to offset the mundane nature of the weekly food shop by turning its out-of-town supermarkets into ‘exciting retail destinations’ offering everything from yoga classes to cookery courses.

The company’s new superstore in Watford will be the first to trail the new approach when it opens next month. It will feature a 600 sq ft free ‘community space’ for local groups as well as a nail salon, and will also be the first to have a Giraffe restaurant, Harris & Hoole coffee shop and Euphorium bakery – all brands in which Tesco has a stake – under one roof.

Advertising Standards Authority rules for Tesco in spat with Sainsbury's

LONDON | Wed Jul 31, 2013 12:12am BST
(Reuters) - The Advertising Standards Authority (ASA) ruled in favour of supermarket leader Tesco in a spat over price comparisons with third-largest J Sainsbury, which reacted by launching a campaign to emphasize product quality.

Britain's supermarkets, despite their focus on essential goods, are battling intensely for market share as the economy has been sluggish. Advertising is a major battleground.

Trying to fill the gap.

Interims 2nd October.