Daily Research 31 Maret 2016

Negative Market.

S2 S1 IDX R1 R2
4,773 4,800 4,816.6 4,827 4,850
  • Positive global markets, stronger Rupiah and lower subsidized fuel prices would send in the positive sentiment.
  • The IDX resumed the upside movement with a close above the psychological level of 4,800 yesterday. Further, presence of foreign buying interest would expectedly maintain the upside trend.
  • So, we predict that the IDX would be in the upside tendency today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
95,050 97,900 98,350 101,900 105,700

HMSP moved negatively but with a close near several supports that could expectedly create a rebound opportunity.


Buy on weakness

S2 S1 Level R1 R2
985 1,050 1,055 1,130 1,175

LPKR still moved on the weak side yesterday but with the presences of support levels possibly limiting a further down potential.


Sell on strength

S2 S1 Level R1 R2
640 690 740 790 840

SSIA was up in a thin range on Wednesday and the RSI trend near an overbought area so that could curb this current upswing.


Speculative buy

S2 S1 Level R1 R2
3,170 3,250 3,345 3,390 3,470

TLKM moved in the positive side in its uptrend channel followed by a high volume suggesting another favorable 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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