Daily Research 11 September 2015

Negative Market.

S2 S1 IDX R1 R2
4,301 4,335 4,343.2 4,401 4,450
  • Mixed global bourses would affect the trading direction.
  • The IDX was only down in a thin range in the middle of a lower foreign selling interest yesterday. The IDX’s position near the resistance would limit the upside potential.
  • Therefore, we predict that the IDX would in the downside tendency today.

Daily Research:

BSDE

Trading buy

S2 S1 Level R1 R2
1,325 1,440 1,480 1,520 1,590

BSDE ended the session positively yesterday followed by a hammer formation suggesting a further upside potential.

DILD

Sell on strength

S2 S1 Level R1 R2
515 545 580 585 615

DILD still moved higher but with a position near its resistance and an overbought territory so that could limit any positive movement.

TLKM

Trading buy

S2 S1 Level R1 R2
2,615 2,720 2,765 2,805 2,850

TLKM closed the trading positively on Thursday’s session followed by a bullish engulfing pattern indicating a further up tendency.

UNTR

Buy on weakness

S2 S1 Level R1 R2
16,600 17,100 17,375 18,100 18,625

UNTR remained in the n e g ative side. But so, the presences of several supports would possibly slow down this downswing.

* 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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