Daily Research 24 Juni 2015

Negative Market.

S2 S1 IDX R1 R2
4,875 4,899 4,937.6 4,959 4,975
  • World’s markets still on upside trend would become the positive factor.
  • The IDX ended the trading down after a failed upside attempt yesterday. In addition, a still presence of foreign selling interest would once again send in the pressure.
  • So, we predict that the IDX would be in the negative side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
6,300 6,600 6,825 7,100 7,550

ASII moved lower with a long black candle pattern. A weak potential would remain possible if its recent low is broken down.


Buy on weakness

S2 S1 Level R1 R2
5,200 5,400 5,575 6,000 6,425

BBNI was in the negative side at the level of IDR 5,575 with a close near the support of an inverted flag potential.


Trading buy

S2 S1 Level R1 R2
210 220 228 240 250

BHIT again edged higher with the break on resistance of a downtrend channel in which possibly could lead to another favorable potential.


Sell on strength

S2 S1 Level R1 R2
240 250 263 270 280

KIJA was in the pos it ive territory yesterday. Nonetheless, a presence of upper band of a downtrend pattern would potentially dampen this upswing.

* 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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