Daily Research 15 June 2016

positive Market.

S2 S1 IDX R1 R2
4,775 4,800 4,821.5 4,848 4,875
  • Still negative global markets would not send in any support.
  • The IDX managed a rebound after taking pressure in the last 4 days. But so, a still presence of foreign buying interest would potentially slow down the upside potential.
  • Therefore, we predict that the IDX would be in the negative side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
940 970 1,020 1,030 1,050

BJBR ended the session positively but with a position near its diagonal resistance and a not so strong volume that could trim the upside opportunity


Sell on strength

S2 S1 Level R1 R2
460 480 505 525 565

DOID edged up quite significantly with an increasing volume during 3 days in a row. But so, the RSI indicator in an overbought area would create a correction chance.


Buy on weakness

S2 S1 Level R1 R2
2,270 2,360 2,390 2,550 2,620

WSKT closed the trading lower but near its diagonal support and a low volume so that any further downturn maybe in a limited range.


Buy on weakness

S2 S1 Level R1 R2
5,000 5,200 5,250 5,425 5,675

JSMR was down in a thin range near several support levels indicating 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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