Daily Research 01 December 2016


S2 S1 IDX R1 R2
5,107 5,136   5,148.9 5,175 5,200
  • Still mixed regional markets would affect the trading direction.
  • The IDX still moved higher but only followed by a doji pattern yesterday suggesting a not so strong positive momentum.
  • So, we predict that the IDX would still be in the positive side today.

Daily Research:



S2 S1 Level R1 R2
1,400 1,465 1,530 1,620 1,720

ADRO moved negatively with a long black candle followed by a high volume and also a break on its uptrend channel suggesting a further downside potential.


Trading buy

S2 S1 Level R1 R2
6,225 6,400 6,675 6,850 7,025

AKRA ended the session up yesterday supported by a strong volume indicating another favorable opportunity.


Sell on strength

S2 S1 Level R1 R2
4,810 5,000 5,175 5,300 5,525

BBNI edged higher but with the presences of several resistances that could limit the gaining turn.


Speculative buy

S2 S1 Level R1 R2
3,630 3,750 3,780 3,900 4,000

TLKM closed the trading ne g a tively with a high enough volume but with a position near its several support levels in which could potentially slow down the downturn.

* 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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