Daily Research 14 Juli 2015

Negative Market.

S2 S1 IDX R1 R2
4,859 4,871 4,893.9 4,925 4,950
  • Still favorable world’s markets would become the positive sentiment.
  • The IDX resumed the upside turn but with a presence of foreign selling sentiment yesterday that could slow down the upside opportunity.
  • So, we predict that the IDX would be in the positive area today.

Daily Research:

ADHI

Sell on strength

S2 S1 Level R1 R2
2,300 2,400 2,500 2,600 2,700

ADHI again moved higher but with a close near its quite strong diagonal resistance in which potentially could trim the gaining turn.

BBCA

Sell on strength

S2 S1 Level R1 R2
12,500 13,100 13,500 14,000 14,500

BBCA was still in the positive side but now near several resistance levels in which possibly could slow down a further upside movement.

ICBP

Trading buy

S2 S1 Level R1 R2
11,500 12,000 12,500 13,000 13,500

ICBP edged positively at the level of IDR 12,500 with a break on its short term resistance so that could create a favorable potential.

PTPP

Sell on strength

S2 S1 Level R1 R2
3,725 3,875 4,050 4,155 4,400

PTPP was in the positive te r ritory but only followed by a doji pattern and a position near its recent high in which could limit the 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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