Daily Research 03 Desember 2015

Negative Market.

S2 S1 IDX R1 R2
4,500 4,525 4,545.8 4,575 4,600
  • A weak Down Jones and regional markets would send in the negative sentiment.
  • The IDX was relatively down after failing to keep up the gaining turn yesterday in which suggesting another downside movement.
  • Therefore, we predict that the IDX would be in the downside tendency today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
5,900 6,100 6,325 6,375 6,500

AKRA ended the trading positively near its diagonal resistance so that any further upside turn maybe in a limited range.


Trading buy

S2 S1 Level R1 R2
445 475 530 585 620

DILD closed the session higher with a formation of a long white candle and also followed by a high enough volume suggesting a further up opportunity.


Speculative buy

S2 S1 Level R1 R2
1,555 1,590 2,270 1,650 1,685

MIKA was still in the nega ti ve side during the last 7 days in a row. But so, a close near support and an oversold area would create a rebound potential.


Sell on strength

S2 S1 Level R1 R2
2,870 2,905 2,970 2,980 3,020

TLKM moved up with a formation of a bullish engulfing but with a close near its recent high that could lead to a correction.

* 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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