Daily Research 04 Desember 2015

Negative Market.

S2 S1 IDX R1 R2
4,500 4,525 4,537.3 4,575 4,600
  • A negative Dow Jones and global markets would send in the negative sentiment at the end of the week.
  • IDX was still in the negative side followed by resuming foreign selling sentiment in which suggesting a negative trend.
  • So, we predict that the IDX would still be in the negative side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
1,670 1,735 1,770 1,800 1,865

BSDE closed the trading higher in a thin range. Nevertheless, a position near its diagonal resistance and a low volume would possibly dampen this upswing.


Buy on weakness

S2 S1 Level R1 R2
312 340 458 495 555

JPFA took a weak turn near its diagonal support yesterday in which suggesting a limited downside potential.


Trading buy

S2 S1 Level R1 R2
162 178 185 200 215

PPRO edged higher yesterd a y after taking pressure in the last 5 days and a close still near its diagonal support that could push for another positive turn.


Buy on weakness

S2 S1 Level R1 R2
15,225 16,000 16,100 16,650 17,100

UNTR was in the negative te r r itory with a close near its recent low. A further downside turn would still be possible if the recent low is broken down.

* 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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