Daily Research 09 Oktober 2015

positive Market.

S2 S1 IDX R1 R2
4,400 4,445 4,491.4 4,525 4,550
  • An upside Dow Jones and regional markets would send in the support.
  • The IDX still moved in the positive side but only followed by a shooting star pattern yesterday indicating a slower upside momentum.
  • Therefore, we predict that the IDX would in the positive side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
5,200 5,500 5,725 5,900 6,100

AKRA took a weak turn near its diagonal support yesterday so that any further downside turn maybe in a limited range.


Sell on strength

S2 S1 Level R1 R2
12,600 12,850 13,100 13,350 13,850

BBCA still carried on the upside movement but with a position now near a resistance and a candle stick forming a doji in which potentially could create a correction


Sell on strength

S2 S1 Level R1 R2
4,300 4,600 4,830 5,175 5,500

BBNI ended the session hig h er on Thursday but with a close near its horizontal resistance indicating a limited positive potential.


Buy on weakness

S2 S1 Level R1 R2
2,625 2,680 2,710 2,755 2,800

TLKM was still in the nega tiv e territory yesterday. But so, the presences of several supports would possibly dampen any further weak turn.

* 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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