Daily Research 10 October 2016


S2 S1 IDX R1 R2
5,320 5,351   5,377.1 5,400 5,420
  • Mixed global markets would not send in any support.
  • The IDX was still under pressure last week followed by increasing foreign selling interest suggesting a weak potential.
  • Therefore, we predict that the IDX would be in e negative side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
2,250 2,350 2,370 2,500 2,560

A ADHI took a weak turn near its diagonal support and a low volume so


Sell on strength

S2 S1 Level R1 R2
11,500 11,750 11,975 12,250 12,500

BBRI took a deep weak turn with a long black candle and also a break on support of an uptrend channel signaling a further downturn.


Trading buy

S2 S1 Level R1 R2
418 444 478 500 535

ELSA moved in the positive side with a bullish harami pattern indicating a further upside opportunity.


Speculative buy

S2 S1 Level R1 R2
890 930 970 1,000 1,050

LPKR closed the trading po s it ively after taking a weak trend in the last few days with still oversold trend suggesting a 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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