Daily Research 02 Oktober 2015

positive Market.

S2 S1 IDX R1 R2
4,100 4,120 4,178.4 4,209 4,237
  • Mixed global indices would not improve the sentiment.
  • The IDX ended the trading positively after testing the psychological level of 4,100 yesterday. But so, a still presence of foreign selling sentiment would potentially slow down the upside potential in the middle of window dressing potential at the end of 3Q15.
  • So, we predict that he IDX would be in the positive side today.

Daily Research:

BBCA

Sell on strength

S2 S1 Level R1 R2
11,000 11,400 11,900 12,275 12,600

BBCA ended the session higher followed by a bullish engulfing pattern yesterday. Nonetheless, a presence of a diagonal resistance would dampen another positive movement.

BBRI

Trading buy

S2 S1 Level R1 R2
7,790 8,050 8,350 8,520 8,790

BBRI managed a positive turn supported by a high enough volume after on a downswing in the last several days so that could create another favorable tendency.

JSMR

Trading buy

S2 S1 Level R1 R2
4,515 4,740 4,825 4,915 5,125

JSMR moved positively f ollowed by a hammer formation signaling a further upside potential.

SMRA

Trading buy

S2 S1 Level R1 R2
898 1,020 1,130 1,230 1,310

SMRA closed the trading u p y esterday with the breakover the diagonal resistance of a downtrend suggesting a still favorable 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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