Daily Research 23 Oktober 2015

positive Market.

S2 S1 IDX R1 R2
4,483 4,570 4,584.5 4,605 4,630
  • A quite positive Dow Jones and the global indices would send in the favorable support.
  • The IDX took a correction yesterday with a candlestick forming a bearish engulfing indicating further profit taking actions. But so, a still low foreign selling interest would limit the downside potential.
  • Therefore, we predict that the IDX would be in the positive side for today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
925 970 1,105 1,160 1,265

CTRA edged higher nearing its horizontal resistance on Thursday in which suggesting that another upside movement maybe in a limited range.


Speculative Buy

S2 S1 Level R1 R2
1,345 1,400 1,415 1,460 1,545

KLBF took a correction after going near its diagonal resistance. But so, an open gap down and a hammer pattern would potentially create a technical rebound opportunity.


Speculative buy

S2 S1 Level R1 R2
2,370 2,650 2,800 3,000 3,100

MIKA was on the weak side near its diagonal support yesterday so that another negative turn would probably be in the limited trend.


Speculative Buy

S2 S1 Level R1 R2
36,100 37,575 38,250 38,725 39,500

UNVR was down in a low v olume near its diagonal support of a triangle pattern. UNVR would potentially have a technical rebound if moving toward this diagonal support line.

* 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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