Daily Research 19 Oktober 2015

positive Market.

S2 S1 IDX R1 R2
4,450 4,483 4,521.8 4,550 4,575
  • Relatively down regional bourses this morning would affect the sentiment.
  • The IDX was still up relatively last week. But so, a doji formation, a position near resistance and a lack of foreign buying interest would limit the upside opportunity.
  • So, we predict that the IDX would be in the negative side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
12,275 12,600 12,800 13,150 13,600

BBCA kept on the weak movement with the break on its short term support in which suggesting another downside movement.


Sell on strength

S2 S1 Level R1 R2
17,700 18,625 19,550 20,025 21,025

INTP was in the positive territory followed by a high enough volume. But so, a presence of its diagonal resistance would possibly trim a further upside turn.


Buy on weakness

S2 S1 Level R1 R2
1,350 1,400 1,445 1,500 1,550

KLBF still carried on weak m ovement and would keep on the weak side if its next support is broken down further.


Sell on strength

S2 S1 Level R1 R2
2,850 2,950 3,065 3,220 3,410

PGAS moved in the positive s ide but with a close near its diagonal resistance in which could dampen the upside 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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