Daily Research 18 January 2018

S2 S1 IDX R1 R2
6,279.5 6,371.2 6,444.5 6,475.0 6,520.0
  • While European market closed mostly negative Dow Jones managed to continue its strong rally, adding 322 points to close on a fresh new all-time high at 26,115.6
    levels backed by positive sentiments from US corporations, especially from Apple.
  • Regional market opened positive this morning following positive lead from US market.
  • IDX managed to closed higher backed by selective purchase from foreign investors.
  • While IDX still on its overbought territory, positive sentiments from regional market and relatively high energy prices expected to continue support IDX today.
BMRI

Sell on Strength

S2 S1 Level R1 R2
7,625 7,900 8,100 8,300 8,500

BMRI was in the negative side with a bearish engulfing formation indicating another downside potential.

DOID

Trading Buy

S2 S1 Level R1 R2
810 900 960 1,030 1,110

DOID took an upside turn with the break horizontal resistance and a high enough volume indicating a further upside opportunity

KRAS

Trading Buy

S2 S1 Level R1 R2
410 454 515 535 565

KRAS closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

TINS

Trading Buy

S2 S1 Level R1 R2
815 860 960 995 1,030

TINS closed the session higher with long white candle pattern after break above diagonal resistance line with higher volume indicating another upside 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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Kiwoom Trader 29 December 2017


Indeks saham AS bergerak lebih tinggi menuju rekor tertinggi barunya, sementara indeks saham Eropa bergerak mix cenderung melemah di tengah volume perdagangan yang menipis menuju akhir tahun. Nikkei 225 dibuka lebih tinggi pagi ini, sementara All Ordinaries lebih rendah. Penguatan yang sudah cukup signifikan pada IHSG membuatnya rawan terhadap aksi ambil untung meskipun masih ada peluang untuk menguat terbatas karena momentum yang masih positif. Support 6250 resistance 6375.

Stock Closing Rec. S2 S1 R1 R2
BMRI 7,950 Sell on Strength 7,325 7,525 8,100 8,300
CPIN 3,330 Sell on Strength 3,080 3,180 3,400 3,530
SMGR 10,200 Sell on Strength 9,550 9,900 10,300 10,575
TLKM 4,390 Sell on Strength 4,200 4,300 4,440 4,520

*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,

Kiwoom Trader 04 December 2017


Indeks saham AS ditutup mix kemarin. Pertumbuhan ekonomi AS naik diatas estimasi. Malam ini Senat AS dijadwalkan untuk melaksanakan voting atas RUU Reformasi Pajak. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih rendah pagi ini. Pergerakan IHSG masih cenderung sideways dalam 4 sesi perdagangan terakhir, waspada aksi ambil untung menjelang libur akhir pekan panjang. Support 6000, resistance 6120.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,775 Trading Buy 1,665 1,715 1,810 1,850
BMRI 7,400 Sell on Strength 7,050 7,275 7,600 7,800
INDF 7,600 Buy on Weakness 7,200 7,375 7,725 7,900
RALS 1,025 Trading Buy 860 925 1,045 1,095

*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 30 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,061.4 6,098.8 6,130
  • Mix closing in US stock indexes yesterday. US economic growth rose above estimates. Tonight the US Senate is scheduled to vote on the Tax Reform Bill.
  • Nikkei 225, Kospi and All Ordinaries opened lower this morning.
  • JCI movement is still in sideways direction in the last 4 trading sessions, be cautious of profit taking ahead of the long weekend holiday. Support 6,000 and
    resistance 6,120.
ADRO

Trading Buy

S2 S1 Level R1 R2
1,665 1,715 1,775 1,810 1,850

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

BMRI

Sell on Strength

S2 S1 Level R1 R2
7,050 7,275 7,400 7,600 7,800

BMRI was in the negative side with a bearish engulfing formation and a high volume seuggesting another weak potential.

INDF

Buy on Weakness

S2 S1 Level R1 R2
7,200 7,375 7,600 7,725 7,900

INDF was still in the negative side but with the presences of several supports in which could dampen the weak trend.

RALS

Trading Buy

S2 S1 Level R1 R2
860 925 1,025 1,045 1,095

RALS ended the trading positively after break above horizontal resistance with high enough volume indicating another upside 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 30 November 2017


Indeks saham AS ditutup mix kemarin. Pertumbuhan ekonomi AS naik diatas estimasi. Malam ini Senat AS dijadwalkan untuk melaksanakan voting atas RUU Reformasi Pajak. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih rendah pagi ini. Pergerakan IHSG masih cenderung sideways dalam 4 sesi perdagangan terakhir, waspada aksi ambil untung menjelang libur akhir pekan panjang. Support 6000, resistance 6120.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,775 Trading Buy 1,665 1,715 1,810 1,850
BMRI 7,400 Sell on Strength 7,050 7,275 7,600 7,800
INDF 7,600 Buy on Weakness 7,200 7,375 7,725 7,900
RALS 1,025 Trading Buy 860 925 1,045 1,095

*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 17 November 2017

S2 S1 IDX R1 R2
5,969.4 5,995.2 6,037.9 6,050.8 6,082.2
  • Stock indices in the US and Europe closed significantly higher yesterday after House Republican passed a Tax Reform Bill that would reduce corporate
    tax rates from 35% to 20%.
  • Nikkei 225, Kospi, and All Ordinaries opened higher this morning.
  • IDX is likely to continue strengthening after a successfull rebound yesterday. Resistance 6,095, Support 5,980.
BMRI

Sell on Strength

S2 S1 Level R1 R2
6,550 6,825 7,100 7,275 7,450

BMRI took a rebound turn with a long white candle after taking pressure in the last few days but with a close near its recent high that could potentially dampen the upside movement.

HMSP

Sell on Strength

S2 S1 Level R1 R2
3,990 4,110 4,030 4,360 4,455

HMSP still carried on the upside turn supported by a high enough volume. But, so a close near its strong horizontal resistance could push for a correction

MEDC

Trading buy

S2 S1 Level R1 R2
740 805 855 895 950

MEDC ended the session higher with a long white candle formation and a high enough volume indicating a further favorable opportunity.

WIKA

Speculative buy

S2 S1 Level R1 R2
1,855 1,950 1,970 2,070 2,180

WIKA closed the session down at its horizontal support with a thin volume that could potentially dampen 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.

Daily Research 15 November 2017

S2 S1 IDX R1 R2
5,910.5 5,955.2 5,988.3 6,044.3 6,082.2
  • Stock indices in the US and Europe ended lower yesterday, as commodity prices fell, after Industrial Production, Retail Sales and Fixed Asset Investment
    data from China were well below estimates.
  • Nikkei 225, Kospi, and All Ordinaries opened lower this morning.
  • Selling pressure is still quite large on IDX Composite to test its support level at 5,930, beware of the commodities sector, resistance is at 6,045 if it manages to rebound.
BBRI

Buy on Weakness

S2 S1 Level R1 R2
3,060 3,140 3,170 3,280 3,400

BBRI ended trading negatively with a thin volume and a presence of its several support levels that could dampen a further downside movement.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,760 2,870 2,950 3,060 3,150

BBTN closed the session lower with shooting star pattern and open gap up with higher volume may trigger price correction.

BMRI

Buy on Weakness

S2 S1 Level R1 R2
6,550 6,825 6,950 7,175 7,425

BMRI still carried on the weak turn with the presences of several supports that could dampen the downturn.

PGAS

Hold

S2 S1 Level R1 R2
1,635 1,770 1,825 1,900 2,000

PGAS ended the trading positive in diagonal resistance area with increasing trading volume. A break above R1 may send PGAS higher to test resistance level.

* 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.