Daily Research 29 February 2016

Negative Market.

S2 S1 IDX R1 R2
4,675 4,708 4,733.1 4,750 4,775
  • Regional bourses on upside trend would send in the positive sentiment.
  • The IDX managed a favorable positive turn supported by appearing foreign buying interest last week that could lead to another upside opportunity.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
10,025 10,450 10,850 11,100 11,450

BBRI edged higher with a full white candle also backed by a high volume suggesting a further upside potential.


Sell on strength

S2 S1 Level R1 R2
475 495 505 515 530

DILD ended the session higher but a low volume and the RSI indicator already near the overbought area that could dampen a further upside turn.


Speculative buy

S2 S1 Level R1 R2
3,550 3,650 3,760 3,855 3,950

PTPP was in the positive territory with a formation of a bullish engulfing supported by a strong enough volume indicating a further upside movement.


Trading buy

S2 S1 Level R1 R2
5,200 5,550 5,625 6,050 6,300

TBIG was on the weak s i de nearing its horizontal support with a not so high volume suggesting that a limited downside 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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