Daily Research 24 Maret 2016

Negative Market.

S2 S1 IDX R1 R2
4,800 4,813 4,854.1 4,885 4,900
  • Regional markets on negative trend would send in the pressure before a long weekend break.
  • The IDX was down slightly in the middle of a rather high foreign selling sentiment yesterday. A position near several supports would expectedly limit the weak potential
  • So, we predict that the IDX would be in the negative side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
495 515 540 560 580

DILD moved higher near its diagonal resistance and the RSI indicator already in the overbought area that could dampen a further upside turn.


Speculative buy

S2 S1 Level R1 R2
3,600 3,800 4,000 4,400 4,700

EXCL took a weak turn near its diagonal support with a low volume yesterday in which suggesting a limited downside potential.


Speculative buy

S2 S1 Level R1 R2
58,000 59,900 61,150 63,000 65,400

GGRM managed a rebound with a high enough volume after on a downturn during the last several days so that could lead to another upside opportunity.


Speculative buy

S2 S1 Level R1 R2
46,175 42,725 43,000 44,525 46,175

UNVR still carried on the weak movement but with a close near its diagonal support indicating a technical 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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