Daily Research 16 Desember 2015

Negative Market.

S2 S1 IDX R1 R2
4,325 4,350 4,374.1 4,393 4,446
  • Mixed global markets and a weak Rupiah would affect the trading direction.
  • IDX again took a weak turn in the middle of resuming foreign selling interest yesterday. But so, a formation of a hammer during a downswing would indicate a limited downside potential.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
7,500 7,900 8,625 8,800 9,250

BMRI ended the session higher yesterday with aformation of a white candle and an open gap in which could create a rebound opportunity.


Trading Buy

S2 S1 Level R1 R2
1,080 1,095 1,125 1,160 1,200

LPKR ended the trading in a flat range yesterday after on a downturn during the last 6 days in a row followed by a doji pattern signaling a technical rebound potential.


Trading buy

S2 S1 Level R1 R2
1,900 2,000 2,160 2,370 2,600

MIKA closed the session up still near the support of a downtrend with the RSI indicator already in the oversold trend suggesting a further upside potential.


Trading buy

S2 S1 Level R1 R2
2,545 2,600 2,635 2,675 2,740

WIKA still carried on the w e a k turn but with a close near support and a doji pattern in which expectedly could open up a rebound potential.

* 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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