Daily Research 22 September 2015

positive Market.

S2 S1 IDX R1 R2
4,301 4,347 4,376.0 4,400 4,450
  • A rebound taken by Dow Jones would expectedly improve the sentiment.
  • The IDX was only down slightly still remaining in the sideways trend in the last several days. A lack of foreign buying interest would not revive the trading activities
  • So, we predict that the IDX would be in the positive side today.

Daily Research:

ERAA

Trading buy

S2 S1 Level R1 R2
350 395 500 520 595

ERAA edged higher yesterday also followed by a high enough volume in which suggesting another positive movement.

INTP

Buy on weakness

S2 S1 Level R1 R2
17,025 17,700 18,000 18,600 19,160

INTP took a deep downturn with a long black candle so that could lead to another downside movement.

SILO

Sell on strength

S2 S1 Level R1 R2
13,700 14,025 14,500 14,600 15,100

SILO still carried on the ups i de turn yesterday. But so, a presence of its horizontal resistance would have the chance to trim the gaining turn.

TLKM

Sell on strength

S2 S1 Level R1 R2
2,580 2,615 2,730 2,775 2,805

TLKM ended the session h ig h er on Monday but only with a low volume and a position near its diagonal resistance that could dampen any positive 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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