Daily Research 21 Oktober 2015

positive Market.

S2 S1 IDX R1 R2
4,521 4,569 4,585.8 4,625 4,650
  • Still mixed global indices and a weak Rupiah would not send in any support.
  • The IDX was still in the positive side with the presence of foreign buying interest yesterday. But so, a doji patter would indicate a not so strong upside momentum.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Trading buy

S2 S1 Level R1 R2
605 650 735 760 870

BJBR ended the trading positively with a formation of a long white candle and also a high enough volume in which suggesting a further upside opportunity.


Sell on strength

S2 S1 Level R1 R2
2,475 2,600 2,645 2,700 2,800

MPPA still managed a further movement but with a doji star formation and a position near several resistances that could dampen this current upswing.


Trading buy

S2 S1 Level R1 R2
2,800 2,895 3,060 3,150 3,300

WIKA moved positively sup p orted by a high enough volume and a break on its resistance that could lead to a further up in the presence of a flag potential.


Trading buy

S2 S1 Level R1 R2
1,420 1,505 1,655 1,680 1,835

WSKT ended the session h i gher with a long white candle and a strong trading volume indicating another 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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