Daily Research 09 February 2017


S2 S1 IDX R1 R2
5,300 5,325   5,361.4 5,375 5,395
  • Still mixed global markets would not send in any support.
  • The IDX still carried on the weak turn but with a close near its support and the presence of foreign buyingninterest that could limit the downturn.
  • Therefore, we predict that the IDX would be in the downside tendency today.

Buy on weakness

S2 S1 Level R1 R2
1,920 1,985 1,995 2,070 2,130

ADHI ended the trading neg a t ively with a high volume but with the presences of several horizontal supports that could dampen the weak turn.


Sell on strength

S2 S1 Level R1 R2
855 955 1,000 1,055 1,100

BNGA took a weak turn with a bearish engulfing pattern after failing to break its recent high so that could lead to a further downturn.


Trading buy

S2 S1 Level R1 R2
2,720 2,910 3,070 3,200 3,380

EXCL moved higher with the break on its horizontal resistance suggesting a further upside opportunity.


Trading buy

S2 S1 Level R1 R2
4,050 4,200 4,380 4,510 4,630

JSMR closed the trading up with a long white candle and a high enough volume indicating a further favorable 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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