Daily Research 03 March 2017


S2 S1 IDX R1 R2
5,347 5,372   5,408.2 5,431 5,458
  • Weak Dow Jones and several regional markets would send in the unfavorable pressure.
  • The IDX moved higher supported by appearing foreign buying interest yesterday. But so, a formation of a doji would indicate a not so strong upside momentum.
  • So, we predict that the IDX would move in the negative side today.

Trading buy

S2 S1 Level R1 R2
1,870 1,950 2,150 2,190 2,270

AISA ended the session with a long white candle and a high volume suggesting a further upside opportunity.


Trading buy

S2 S1 Level R1 R2
3,330 3,450 3,470 3,590 3,710

JSMR managed a rebound followed by a bullish engulfing pattern suggesting another favorable potential.


Buy on weakness

S2 S1 Level R1 R2
1,350 1,420 1,475 1,565 1,630

KLBF closed the trading ne g a tively near its long term diagonal with a thin volume so that any further downturn maybe in a limited range.

Buy on weakness

S2 S1 Level R1 R2
535 560 575 595 620

PWON moved in the negative territory followed by a long black candle pattern creating a further 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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