Daily Research 23 March 2017

S2 S1 IDX R1 R2
5,500 5,518   5,534.0 5,575 5,600
  • Mixed regional markets would not send in any support.
  • The IDX was relatively down in the middle of resuming foreign buying interest yesterday that could slow down the negative potential.
  • So, we predict that the IDX would be in the downside tendency today.

Speculative buy

S2 S1 Level R1 R2
2,230 2,390 2,460 2,540 2,660

PGAS managed to move up in a thin range after taking weak turn lately in which could create an upside momentum.


Trading buy

S2 S1 Level R1 R2
2,470 2,590 2,700 2,800 2,950

SCMA was in the positive side with a formation of a bullish engulfing with a high enough volume indicating another favorable potential.


Speculative buy

S2 S1 Level R1 R2
13,000 13,300 13,700 14,500 14,800

SILO closed the session down near its short term diagonal support with a low volume indicating a limited downside potential.


Speculative buy

S2 S1 Level R1 R2
515 525 530 550 560

WSBP ended the session n e g atively with a long black candle pattern near its diagonal support with a thin volume that could slow down 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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