Daily Research 08 September 2015

Negative Market.

S2 S1 IDX R1 R2
4,228 4,250 4,301.3 4,335 4,401
  • Lack of positive leads would not send in any support.
  • The IDX took a rather deep downswing also followed by resuming selling sentiment yesterday. A break over the psychological level of 4,300 would once again create a negative potential or vice versa.
  • So, we predict that the IDX would be in the downside tendency today.

Daily Research:


Trading buy

S2 S1 Level R1 R2
13,440 14,265 14,825 15,300 15,800

SILO took a weak turn with a close near its diagonal support yesterday so that any further downside movement maybe in a limited range.


Sell on strength

S2 S1 Level R1 R2
1,275 1,300 1,320 1,410 1,495

SMRA was on the downside with the break on its diagonal support during yesterday’s session in which suggesting a further negative sign.


Trading buy

S2 S1 Level R1 R2
2,525 2,615 2,700 2,775 2,850

TLKM ended the trading do w n with an open gap and a presence of a long black candle indicating another negative potential.


Sell on strength

S2 S1 Level R1 R2
1,430 1,525 1,590 1,650 1,715

WSKT moved slightly highe r b ut with a presence of a diagonal resistance and a thin volume that could dampen the upside opportunity.

* 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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