Daily Research 14 December 2016


S2 S1 IDX R1 R2
5,245 55,275275   5,293.6 5,325 5,350
  • A positive Dow Jones and most of the global markets would improve the sentiment.
  • The IDX was in the negative side yesterday with a doji formation and appearing foreign buying interest indicating a not so strong downside momentum.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
800 865 900 940 1,005

ANTM took a rather deep downturn with a long black candle but with the presences of several supports that could limit the negative potential.


Speculative buy

S2 S1 Level R1 R2
1,290 1,350 1,375 1,440 1,500

CTRA ended the trading n e g atively near its diagonal support with a low volume suggesting a limited downside potential.


Trading buy

S2 S1 Level R1 R2
4,200 4,340 4,490 4,630 4,800

JSMR closed the trading higher with a break on its diagonal resistance with a high volume as well as a long white candle indicating a further upside opportunity.


Buy on weakness

S2 S1 Level R1 R2
38,625 39,800 40,725 41,925 42,725

UNVR took a weak movement followed by a bearish engulfing pattern signaling another downside potential.

* 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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