Daily Research 08 Mei 2015

Positive Market.

S2 S1 IDX R1 R2
5,105 5,122 5,150.4 5,184 5,200
  • Relatively up Dow Jones and regional markets would improve the sentiment.
  • The IDX took a correction with a doji formation yesterday in which indicating a not so strong downside momentum.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
1,350 1,400 1,460 1,500 1,650

ICBP still continued the upside turn with a close near its resistance in which could dampen the upswing.


Sell on strength

S2 S1 Level R1 R2
10,500 11,000 11,625 12,000 12,500

BBRI was in the negative side with a close near its support of an inverted flag potential in which could create a weak potential if this support is broken down.


Sell on strength

S2 S1 Level R1 R2
3,750 3,900 4,050 4,200 4,400

PTPP moved positively but o nly with a low volume and a position near its recent high so that could limit this upside turn.


Sell on strength

S2 S1 Level R1 R2
1,100 1,135 1,170 1,215 1,255

SSIA edged higher after tou c h ing its support. But so, a thin volume and a presence of its diagonal resistance would trim a further upside movement.

* 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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