Daily Research 25 September 2015

positive Market.

S2 S1 IDX R1 R2
4,163 4,237 4,244.4 4,275 4,301
  • Accumulated downward pressure on Dow Jones and European bourses during Idul Adha holiday may cap potential upside for IDX today.
  • IDX traded lower last Wednesday, may close an upside gap formed since 4,237 and test its recent low 4,163 last month.
  • We expect IDX to trade negative today as the market still jittered by the depreciation of Rupiah which traded above IDR 14,650 per US$ last Wednesday.

Daily Research:


Trading buy

S2 S1 Level R1 R2
450 475 510 595 650

ANTM ended the session higher on Wednesday followed by a high volume in which suggesting a further upside movement.


Buy on weakness

S2 S1 Level R1 R2
11,625 11,800 11,875 12,275 12,600

BBCA took a downside turn wiyh an increasing trading volume so that could lead to another negative movement.


Buy on weakness

S2 S1 Level R1 R2
8,200 8,500 8,800 9,350 9,600

BBRI continued the weak tr e nd with a close below its previous low. Nonetheless, the presences of several supports would dampen the downside trend.


Buy on weakness

S2 S1 Level R1 R2
11,250 11,600 11,750 12,500 13,100

ICBP took a quite deep dow n s wing with a formation of a long black candle suggesting a further downside 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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