Daily Research 15 September 2015

Negative Market.

S2 S1 IDX R1 R2
4,343 4,360 4,390.3 4,401 4,450
  • Mixed world’s markets would affect the trading direction.
  • The IDX still kept on the upside turn followed by appearing foreign buying interest yesterday. But so, a psychological level of 4,400 would dampen any upside opportunity.
  • So, we predict that the IDX would be in the upside tendency today.

Daily Research:

AKRA

Sell on strength

S2 S1 Level R1 R2
5,400 5,600 5,750 5,900 6,100

AKRA edged higher but with the presences of several resistances in which possibly could dampen the upside potential.

CTRA

Buy on weakness

S2 S1 Level R1 R2
730 800 815 895 970

CTRA was still on a correction. Nonetheless, a position near its horizontal support would slow down the downswing.

DILD

Sell on strength

S2 S1 Level R1 R2
515 540 595 620 670

DILD ended the session low e r yesterday followed by a shooting star pattern indicating another downside movement.

GIAA

Buy on weakness

S2 S1 Level R1 R2
300 325 346 365 415

GIAA ended the trading pos i tiv ely supported by a high volume in which potentially could break its diagonal resistance.

* 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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