Daily Research 11 November 2016


S2 S1 IDX R1 R2
5,400 5,431   5,450.3 5,472 5,500
  • Mixed global bourses would affect the sentiment.
  • The IDX moved rather positively yesterday but with the presence of foreign selling interest and a doji formation indicating a not so strong upside
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Speculative buy

S2 S1 Level R1 R2
2,080 2,155 2,230 2,280 2,360

ADHI moved in the positive side supported by an increasing volume suggesting another upside opportunity.


Sell on strength

S2 S1 Level R1 R2
1,450 1,545 1,695 1,750 1,825

CTRA closed the trading po s it ively with a high enough volume but with a close near its horizontal resistance that could limit the gaining turn.


Sell on strength

S2 S1 Level R1 R2
670 700 740 765 805

PWON was in the positive territory supported by a strong volume but with the presences of several resistances that could trim the upswing.


Trading buy

S2 S1 Level R1 R2
2,540 2,650 2,850 2,900 2,980

WIKA ended the session higher with a long white candle and a high volume indicating a further upside movement.

* 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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