Daily Research 06 Januari 2016

Negative Market.

S2 S1 IDX R1 R2
4,500 4,525 4,557.8 4,593 4,625
  • Mixed global markets would not send in any support.
  • The IDX moved positively yesterday. Nonetheless, a position near several resistances would limit the upside opportunity.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:

ACES

Trading buy

S2 S1 Level R1 R2
700 735 785 810 845

ACES ended the session lower at its diagonal support so that any further negative movement maybe in a limited range.

BSDE

Sell on strength

S2 S1 Level R1 R2
8,610 9,050 9,350 9,950 10,400

BSDE again edged higher with a close near its diagonal resistance that could dampen this current upside turn.

SILO

Trading buy

S2 S1 Level R1 R2
8,610 9,050 9,350 9,950 10,400

SILO took a weak turn n e ar its horizontal support yesterday indicating that a further downside movement maybe in a limited range.

WTON

Sell on strength

S2 S1 Level R1 R2
725 795 875 895 975

WTON again moved higher w i th a high enough volumebut with a close near its strong diagonal resistance potentially trimming the upside 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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