Daily Research 08 Oktober 2015

positive Market.

S2 S1 IDX R1 R2
4,400 4,445 4,487.1 4,500 4,525
  • Global markets still on upside tendencies and stronger Rupiah would once again send in the favorable support.
  • The IDX still edged higher as foreign buying interest resumed yesterday. But so, profit taking risk and several resistances would dampen this current upswing.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:

AALI

Buy on weakness

S2 S1 Level R1 R2
16,900 18,300 19,000 19,650 20,700

AALI still carried on the downturn followed by a long black candle. Nevertheless, a presence of its horizontal support would limit this weak turn.

ELSA

Trading buy

S2 S1 Level R1 R2
286 325 395 430 13,000

ELSA ended the session higher yesterday also supported by a quite high volume in which suggesting another upside opportunity.

JSMR

Trading buy

S2 S1 Level R1 R2
5,000 5,150 5,325 5,500 5,750

JSMR moved up rather considerably backed by a strong trading volume and a break over its diagonal resistance creating a further positive potential.

KIJA

Trading buy

S2 S1 Level R1 R2
150 160 197 202 218

KIJA closed the trading pos i tiv ely on Wednesday witthe presence of a high volume so that could lead to
another favorable trend.

* 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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