Daily Research 29 Oktober 2015

Negative Market.

S2 S1 IDX R1 R2
4,550 4,575 4,608.7 4,653 4,674
  • A rather positive Dow Jones and the global markets after the Fed kept the rate on hold once again would send in the favorable support.
  • The IDX took a weak step with a close near the psychological level of 4,600 yesterday in which expectedly could dampen the downside potential.
  • So, we predict that the IDX would move in the positive side today.

Daily Research:


Trading buy

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

AKRA ended the session positively still within its uptrend channel with a high enough volume in which suggesting another favorable tendency.


Speculative buy

S2 S1 Level R1 R2
10,500 11,275 11,775 12,600 13,250

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


Speculative buy

S2 S1 Level R1 R2
1,440 1,490 1,525 1,560 1,620

SMRA edged lower but wit h a close near its support creating a technical rebound potential..


Buy on weakness

S2 S1 Level R1 R2
397 422 440 456 475

SOCI ended the trading ne g a tively with a formation of a shooting star and a high enough volume so that could lead to another weak movement.

* 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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