Daily Research 30 Oktober 2015

Negative Market.

S2 S1 IDX R1 R2
4,400 4,450 4,472.0 4,500 4,550
  • Mixed global bourses would not send in any support.
  • The IDX again took a weak step with a close below its recent low, a presence of a long black candle and resuming foreign selling sentiment yesterday in which could push for a negative potential.
  • Therefore, we predict that the IDX would remain in the negative side for today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
16,575 17,525 18,350 21,000 21,925

INTP ended the trading negatively with a long black candle and a relatively high volume so that could lead to another downturn.


Buy on weakness

S2 S1 Level R1 R2
2,700 2,800 2,900 3,000 3,150

PGAS moved lower after going near its diagonal resistance with a long black candle in which could lead to a weak potential.


Buy on weakness

S2 S1 Level R1 R2
3,350 3,500 3,675 3,800 4,000

PTPP was under pressure w ith a close at its diagonal support. A break on this support would once again create a negative potential.


Speculative buy

S2 S1 Level R1 R2
2,580 2,615 2,730 2,850 2,915

TLKM was on the weak sid e n ear its diagonal support yesterday suggesting that another downside turn maybe in a limited range.

* 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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