Daily Research 26 October 2016


S2 S1 IDX R1 R2
5,350 5,375   5,397.8 5,421 5,457
  • Regional markets on downside trend would send in the unfavorable pressure.
  • The IDX ended the trading negatively with a bearish engulfing yesterday indicating a negative potential.
  • So, we predict that the IDX would be in the negative side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
14,100 14,925 15,600 15,950 16,600

AALI managed to move up in a thin range but only with a shooting star and an open gap suggesting a correction potential.


Speculative buy

S2 S1 Level R1 R2
12,125 13,000 13,725 14,475 15,550

ITMG took an upside turn with an increasing volume creating a further upside potential especially if its horizontal resistance is broken up.


Speculative buy

S2 S1 Level R1 R2
4,000 4,080 4,150 4,300 4,400

PTPP was on the weak side but in a low volume and near its diagonal support that could limit the negative potential.


Sell on strength

S2 S1 Level R1 R2
19,200 20,000 20,750 21,000 21,925

UNTR closed the session p ositively with a lack of volume and a close near its diagonal resistance that could limit the upside opportunity.

* 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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