Daily Research 17 June 2016

positive Market.

S2 S1 IDX R1 R2
4,775 4,800 4,814.3 4,821 4,848
  • Positive regional markets would expectedly send in the support.
  • The IDX closed the trading in positive territory last week. But so, a presence of foreign selling interest would slow down the upside turn.
  • Therefore, we predict that the IDX would be in an upside tendency today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
830 860 920 945 975

ACES ended the trading positively but with a close near its diagonal resistance and a not so strong volume that could limit the upside opportunity.


Sell on strength

S2 S1 Level R1 R2
1,835 1,880 1,935 2,005 2,070

BSDE edged higher quite considerably supported by a full white candle and a high volume. But so, a presence of its recent high would limit this current upswing.


Speculative buy

S2 S1 Level R1 R2
14,450 15,525 16,100 16,525 17,500

INTP moved higher after taking a break near its diagonal support and its RSI trend leaving the oversold area creating a further upside potential.


Trading buy

S2 S1 Level R1 R2
1,475 1,540 1,685 1,720 1,800

SMRA ended the trading up with a strong volume and a break on its diagonal resistance indicating another upside 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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