Daily Research 08 November 2016


S2 S1 IDX R1 R2
5,329 5,350   5,386.2 5,400 5,431
  • A rather positive Dow Jones and the global bourses before US’ presidential election would send in the favorable support.
  • The IDX still carried on the upside movement in the middle of resuming foreign selling actions.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
420 444 460 460 500

ELSA moved in the positive side followed by an increasing volume in which could lead to further upside movement.


Sell on strength

S2 S1 Level R1 R2
2,530   2,720 2,850 2,890 3,070

INCO took a considerably high upside turn with a long white candle but with the presences of several resistances that could limit the upside movement.


Trading buy

S2 S1 Level R1 R2
835 865 890 930 960

LPKR ended the trading p o s itively yesterday with a high enough volume indicating a further upside opportunity.


Speculative buy

S2 S1 Level R1 R2
42,600 43,500 44,000 45,100 45,900

UNVR was on the weak side near its diagonal support and a low volume so that any further downturn maybe in a limited range.

* 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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