Daily Research 01 Juli 2015

Negative Market.

S2 S1 IDX R1 R2
4,850 4,882 4,910.6 4,923 4,953
  • Relatively up Dow Jones and the regional bourses would send in the support before the release of June’s inflation data.
  • The IDX managed a rebound supported by foreign buying actions yesterday in which expectedly could create a positive opportunity.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
12,500 13,000 13,500 14,000 14,500

BBCA moved in a flat range after fail to break its diagonal resistance again in which therefore creating a correction potential.



S2 S1 Level R1 R2
6,000 6,300 6,575 6,850 7,000

INDF ended the trading positively after talking pressure in the last several days. In addition, a formation of a bullish engulfing would still give a favorable sign.


Speculative buy

S2 S1 Level R1 R2
5,000 5,300 5,475 5,800 6,000

JSMR moved in the positive side followed by a bullish engulfing pattern suggesting a further up potential especially if its resistance is broken up.


Sell on strength

S2 S1 Level R1 R2
18,875 19,300 20,375 20,200 22,000

UNTR still moved higher d uring 3 days in a row. Nevertheless, a position at its diagonal resistance would 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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