Daily Research 14 Januari 2016

Negative Market.

S2 S1 IDX R1 R2
4,450 4,465 4,513.1 4,537 4,569
  • A rebound turn by Dow Jones and the regional markets would expectedly improve the sentiment.
  • The IDX took a correction followed by foreign selling interest yesterday. But so, a formation of a doji would indicate a not so strong downside momentum.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
1,290 1,400 1,465 1,575 1,690

KLBF ended the trading positively but with a presence of a diagonal resistance so that any further upside turn maybe in a limited range.


Speculative buy

S2 S1 Level R1 R2
1,200 1,220 1,270 1,300 1,350

LSIP closed the Thursday’s session in the positive side with a bullish engulfing pattern and a rising volume potentially to break away from its descending triangle formation.


Speculative buy

S2 S1 Level R1 R2
1,450 1,500 1,550 1,600 1,635

SMRA was in the negative te rritory but with a close at its diagonal support and also a doji pattern that could create an upside opportunity.


Trading buy

S2 S1 Level R1 R2
400 450 493 530 590

TINS ended the trading day p ositively supported by a bullish engulfing pattern indicating another upside movement.

* 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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