Daily Research 10 October 2017


S2 S1 IDX R1 R2
5,855.1 5,884.6   5,914.9 5,939.5 5,970
  • Dow Jones closed 12.6 point lower at 22,761.1 level ahead of 9M 2017 earnings.
  • Regional market traded sideways this morning due to lack of new catalysts.
  • IDX traded slightly up as foreign investors remained net seller on Indonesian equities.
  • In all we expect IDX to trade mixed today.

Buy on Weakness

S2 S1 Level R1 R2
3,420 3,590 3,640 3,850 4,050

EXCL ended the trading negatively near its diagonal support with a thin volume suggesting a limited downside potential.


Trading Buy

S2 S1 Level R1 R2
1,145 1,210 1,330 1,370 1,430

JPFA closed the session higher after break above horizontal resistance with higher volume indicating another upside potential.


Buy on Weakness

S2 S1 Level R1 R2
2,290 2,480 2,600 2,710 2,850

PTPP ended the trading negatively followed by a long black candle but with the presence of several supports that could expectedly slow down the downswing.


Trading Buy

S2 S1 Level R1 R2
1,990 2,090 2,170 2,270 2,410

SCMA moved in the positive side with a bullish engulfing pattern with a increase volume indicating another positive movement.

* 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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