Daily Research 30 November 2016


S2 S1 IDX R1 R2
5,050 5,078   5,114.5 5,125 5,150
  • Mixed global markets would not send in any support.
  • The IDX moved positively yesterday but with resuming foreign selling interest that could limit the market movement.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
14,300 15,000 15,900 16,100 17,000

INTP ended the trading p o s itively near its diagonal resistance with a low volume that could slow down a further upside movement.


Trading buy

S2 S1 Level R1 R2
3,760 4,010 4,180 4,300 4,540

JSMR managed a rebound with a long white candle pattern and a strong volume suggesting a further upside opportunity.


Sell on strength

S2 S1 Level R1 R2
1,670 1,770 1,825 1,865 1,945

LSIP still moved higher but with a close near its previous high and an overbought RSI trend that could possibly create a correction potential.


Buy on weakness

S2 S1 Level R1 R2
640 665 685 720 740

PWON closed the session down yesterday with a high volume but with the presences of supports that could limit the downswing.

* 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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