Daily Research 05 Agustus 2015

Negative Market.

S2 S1 IDX R1 R2
4,712 4,750 4,781.0 4,800 4,856
  • Dow Jones and regional markets on relatively weak trend would send in the pressure before the release of 2Q15 GDP data.
  • The IDX moved lower but only with a formation of a doji yesterday indicating a not so strong downside trend.
  • So, we predict that the IDX would be in the negative side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
1,700 1,750 1,820 1,900 1,990

BSDE was in the negative territory with a formation of a hammer during an upturn and a position near its resistance that could push for a weak turn.


Speculative buy

S2 S1 Level R1 R2
230 240 252 260 270

KIJA remained in the weak trend but only followed by a hammer in which expectedly could create a rebound potential.


Speculative buy

S2 S1 Level R1 R2
1,600 1,650 1,680 1,750 1,800

KLBF was on the weak side again but with a presence of an open gap, a doji and also a presence of a short term support that could limit any downside movement.


Sell on strength

S2 S1 Level R1 R2
1,700 1,750 1,800 1,865 1,940

SMRA was on a correctio n followed by a hammer formation and a position near its resistance that could dampen any upside potential.

* 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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