Daily Research 26 November 2015

Negative Market.

S2 S1 IDX R1 R2
4,518 4,545 4,585.5 4,600 4,625
  • Favorable regional markets would provide the positive sentiment.
  • The IDX still managed a further upside turn with a close near psychological level of 4,600 yesterday. In addition, the presence of foreign buying interest would expectedly maintain the strong trend.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
1,610 1,670 1,710 1,765 1,820

BSDE managed a positive turn but not followed by a high volume. Further, a close near its recent high would possibly dampen the upside potential.


Speculative buy

S2 S1 Level R1 R2
402 426 450 473 505

CTRP still moved lower but a presence of a doji and a close near its diagonal support would create a technical rebound.


Buy on weakness

S2 S1 Level R1 R2
520 595 620 710 835

ERAA took a weak turn y e sterday near its diagonal support in which suggesting that another downside step maybe in a limited range.


Sell on strength

S2 S1 Level R1 R2
310 340 460 495 555

JPFA ended the trading po s iti vely with a high volume but with a position near its diagonal resistance indicating a limited upside opportunity.

* 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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