Daily Research 29 April 2015

Positive Market.

S2 S1 IDX R1 R2
5,150 5,200 5,242.1 5,275 5,300
  • Still mixed world’s markets would affect the trading direction.
  • The IDX still moved lower with a doji formation yesterday. A presence of foreign selling sentiment would still give the unfavorable pressure.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
1,040 1,085 1,120 1,160 1,200

BBTN moved positively after taking pressure one day before. Further, a formation of a bullish harami would still give a positive sign.


Speculative buy

S2 S1 Level R1 R2
2,600 2,700 2,840 3,000 3,125

ADHI ended the session higher with a formation of a bullish harami in which suggesting a further upside potential.


Trading buy

S2 S1 Level R1 R2
2,700 2,750 2,790 2,860 2,920

TLKM was on the weak side f ollowed by an upper gap as well as a dragonfly doji in which could create a reversal opportunity.


Trading buy

S2 S1 Level R1 R2
10,300 10,600 10,900 11,400 11,900

BMRI took another weak tu r n with an upper gap and also a dragonfly doji indicating a reversal potential.

* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.


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