Daily Research 17 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,837 4,850 4,872.6 4,899 4,950
  •  A rebound taken by Dow Jones would expectedly send in the positive sentiment.
  • The IDX moved higher with a formation of a bullish harami but followed by a presence of foreign selling interest yesterday that could limit the upside potential.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
6,000 6,400 6,575 6,850 7,000

INDF moved positively after taking pressure lately in which suggesting another upside movement.



S2 S1 Level R1 R2
3,000 3,150 3,275 3,455 3,590

PTPP was up in a thin range in the middle of an oversold trend, a position near support as well as a hammer pattern creating a rebound potential.


Speculative buyth

S2 S1 Level R1 R2
365 384 402 420 440

PWON edged higher followed by a formation of a bullish harami indicating a still positive opportunity.


Speculative buy

S2 S1 Level R1 R2
2,700 2,800 2,870 2,980 3,150

TLKM ended the trading u p with a bullish engulfing pattern suggesting a further upside potential especially if its resistance is broken up.

* 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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