Daily Research 29 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,716.8 5,770.6 5,837.2
  • Dow Jones closed 2.7 point lower at 21,080.3 levels last Friday ahead of long holiday as the US market closed for Memorial Day today.
  • Regional bourses traded sideways this morning after north Korea test ballistic missile.
  • IDX closed at its short term diagonal support line. A break below that line, or below 5,703 levels, may trigger further market correction.
  • We expect IDX to trade mixed with negative tendency today.
BJBR

Trading Buy

S2 S1 Level R1 R2
1,745 1,890 2,240 2,330 2,510

BJBR has a chance to continue rally after ended trading with high volume. The rally will valid if BJBR break above recent high level (R1).

ITMG

Trading Buy

S2 S1 Level R1 R2
14,325 15,150 16,000 16,800 17,950

ITMG moved rather positively supported by a high enough volume that could create the opportunity to break its resistance.

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,385 1,450 1,505 1,565 1,630

SILO ended the trading negatively near its long term diagonal support without volume that could dampen further downside movement.

PTPP

Sell on Strength

S2 S1 Level R1 R2
2,840 3,040 3,200 3,260 3,440

PTPP ended the trading higher but with a close near its diagonal resistance that could limit upswing.

* 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.

Kiwoom Trader 29 May 2017

Dow Jones turun 2.7 poin ditutup pada level 21,080.3 hari Jumat menjelang libur panjang Memorial Day hari ini. Bursa kawasan regional diperdagangkan mendatar pagi ini seiring peluncuran rudal Korea Utara. IHSG ditutup tepat pada garis diagonal support jangka pendek. Penembusan di bawah level 5,703 diperkirakan dapat memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak mixed cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJBR 2,240 Trading Buy 1,745 1,890 2,330 2,510
ITMG 16,000 Trading Buy 14,325 15,150 16,800 17,950
KLBF 1,505 Buy on Weakness 1,385 1,450 1,565 1,630
PTPP 3,200 Sell on Strength 2,840 3,040 3,260 3,440

*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.Best Regards,

Daily Research 12 April 2017

S2 S1 IDX R1 R2
5,552.7 5,611.6   5,627.3 5,662.7 5,700
  • Dow Jones and European bourses traded mixed on rising geopolitical risks. Dow Jones closed 6.7 points lower at 20,651.3.
  • Regional bourses clouded by negative sentiment as Nikkei traded 1% lower this morning due to Yen appreciation.
  • IDX closed 16 points lower yesterday with rising volume, indicating negative sentiments to remain today.
  • We expect IDX to trade lower today as investors realized profits.
BJBR

Buy on Weakness

S2 S1 Level R1 R2
1,745 1,980 2,030 2,200 2,420

BJBR remained in the weak side during the last 3 days in a row. A weak potential would carry on if its recent low and support are broken down.

BMRI

Buy on Weakness

S2 S1 Level R1 R2
11,425 11,650 11,750 12,050 12,225

BMRI closed the session lower near in its diagonal support and without a volume that could limit the downturn.

BSDE

Buy on Weakness

S2 S1 Level R1 R2
1,680 1,740 1,775 1,840 1,900

ACES ended the trading negatively near in its diagonal support and without a volume that could limit the downturn.

CTRA

Speculative Buy

S2 S1 Level R1 R2
1,030 1,095 1,155 1,230 1,285

CTRA managed a rebound t u rn after on a downswing with a full candle and supported by a high enough volume suggesting another 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.

Kiwoom Trader 12 April 2017

Dow Jones dan bursa kawasan Eropa diperdagangkan mixed seiring naiknya risiko geopolitik. Dow Jones ditutup turun 6.7 poin pada level 20,651.3. Tingginya ketidakpastian pasar mendorong kenaikan asset kelas “safe haven” seperti Yen dan emas, serta memicu kenaikan harga minyak mentah dunia. Bursa regional pagi ini dibuka negatif seiring turunnya indeks Nikkei sebesar 1% yang dipicu sentimen penguatan Yen. IHSG kemarin ditutup turun dengan volume perdagangan yang mulai meningkat. Kami memperkirakan IHSG kembali tertekan pada perdagangan hari ini seiring langkah investor merealisasikan keuntungan.

Stock Closing Rec. S2 S1 R1 R2
BJBR 2,030 Buy on Weakness 1,745 1,980 2,200 2,420
BMRI 11,750 Buy on Weakness 11,425 11,650 12,050 12,225
BSDE 1,775 Buy on Weakness 1,680 1,740 1,840 1,900
CTRA 1,155 Speculative Buy 1,030 1,095 1,230 1,285

*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.Best Regards,

Daily Research 19 January 2017

kiwoom-research-kamis

S2 S1 IDX R1 R2
5,250 5,271   5,294.7 5,325 5,347
  • Dow Jones closed slightly lower after Janet Yellen’s comment about her view regarding raising US Fed Fund Rate.
  • Regional bourses traded positive this morning, backed by a rebound in Nikkei due to Yen depreciation.
  • The IDX moved positively followed by appearing foreign buying interest yesterday in which could expectedly lead to a further upside movement.
  • In all we expect IDX to trade in positive territory today.
AISA

Trading buy

S2 S1 Level R1 R2
1,870 1,950 2,050 2,100 2,170

AISA closed the trading in t he positive side with a bullish engulfing formation supported by a high enough volume indicating another favorable potential.

BJBR

Speculative buy

S2 S1 Level R1 R2
1,890 2,200 2,470 2,700 2,900

BJBR ended the session lower at its diagonal support with a low volume so that could limit the downside potential.

INDF

Trading buy

S2 S1 Level R1 R2
7,450 7,725 7,950 8,125 8,375

INDF was in the positive side followed by an increasing volume indicating a further up potential.

SRIL

Sell on strength

S2 S1 Level R1 R2
214 236 256 260 272

SRIL was up rather considerably with a long white candle but with the presences of several strong resistances that could create correction 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.

Kiwoom Trader 19 January 2017

kiwoom-trader-kamis

Dow Jones Industrial Average melemah 22.05 poin, atau 0.11%, pada 19,804.72. Namun, Nasdaq Composite menguat 16.93 poin, atau 0.31%, pada 5,555.65. Wall Street bergerak mixed pada hari Rabu setelah Yellen menyatakan peluang kenaikan suku bunga bertahap di tengah tren menunggu langkah-langkah Trump.

Stock Closing Rec. S2 S1 R1 R2
AISA 2,050 Trading buy 1,870 1,950 2,100 2,170
BJBR 2,470 Speculative buy 1,890 2,200 2,700 2,900
INDF 7,950 Trading buy 7,450 7,725 8,125 8,375
SRIL 256 Sell on strength 214 236 260 272

*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.

Daily Research 09 November 2016

kiwoom-research-selasa

S2 S1 IDX R1 R2
5,400 5,431   5,470.6 5,500 5,525
  • Global markets still upside trend in the middle of voting count in the US would affect the sentiment.
  • The IDX moved rather positively with a close near its previous high yesterday. A break over this recent high would once again create a favorable opportunity.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:

BBRI

Sell on strength

S2 S1 Level R1 R2
12,000 12,400 12,875 13,000 13,275

BBRI moved higher near its diagonal resistance with a lack of volume and an overbought RSI indicator that could slow down the upswing.

BJBR

Speculative buy

S2 S1 Level R1 R2
1,425   1,500 1,550 1,595 1,670

BJBR edged up with a formation of a bullish engulfing in which suggesting another positive movement.

INDF

Speculative buy

S2 S1 Level R1 R2
8,000 8,200 8,375 8,550 8,750

INDF managed a rebound after on a weak trend followed by an increasing volume that could lead to further upside movement.

UNTR

Sell on strength

S2 S1 Level R1 R2
21,000 21,900 22,950 23,275 24,000

UNTR moved in the positiv e side with a high enough volume but with a close near a diagonal resistance and an overbought RSI indicator that could possibly trim a further upside turn.

* 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.