Daily Research 02 May 2017

S2 S1 IDX R1 R2
5,606.7 5,653.4   5,685.3 5,726.5 5,750
  • Dow Jones closed 27 point lower at 20,913.4 level yesterday. US Congress agree to extend the Government budget proposal until 5 May.
  • Nikkei traded higher this morning supported by currency depreciation.
  • IDX’s candlestick formed bearish engulfing pattern last Friday, indicate further downside risk today.
  • We expect IDX to trade mixed with negative tendency today as investors realize profits.
ADRO

Buy on weakness

S2 S1 Level R1 R2
1,695 1,745 1,775 1,840 1,895

ADRO was in the negative side with a bearish engulfing pattern but the presences of several horizontal supports in which limit the downswing.

ICBP

Sell on strength

S2 S1 Level R1 R2
8,425 8,650 8,775 9,100 9,350

ICBP closed the session lower with a shooting star pattern also supported by a high volume and near overbought RSI trend indicating a further downturn.

INDY

Sell on Strength

S2 S1 Level R1 R2
725 805 900 905 1,005

INDY moved up significantly with a high volume but with a presence of a horizontal resistance suggesting a correction potential

JPFA

Speculative Buy

S2 S1 Level R1 R2
1,365 1,425 1,465 1,545 1,620

JPFA ended the trading n e g atively with long black candle pattern in its diagonal support without volume and near oversold RSI trend that could dampen a further downside 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.

Kiwoom Trader 02 May 2017

Dow Jones turun 27 poin pada level 20,913.4 kemarin setelah selesainya pembahasan anggaran Pemerintah Amerika Serikat. Nikkei diperdagangkan naik pagi ini didukung oleh depresiasi kurs Yen terhadap US$. Candlestick IHSG membentuk pola bearish engulfing hari Jumat kemarin, mengindikasikan koreksi lanjutan hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini ditengah aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,775 Buy on weakness 1,695 1,745 1,840 1,895
ICBP 8,775 Sell on Strength 8,425 8,650 9,100 9,350
INDY 900 Sell on Strength 725 805 905 1,005
JPFA 1,465 Speculative buy 1,365 1,425 1,545 1,620


*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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Daily Research 07 November 2016

research animasi

S2 S1 IDX R1 R2
5,329 5,350   5,362.6 5,375 5,400
  • Regional bourses on upside trend would expectedly send in the support.
  • The IDX ended the trading higher after on a volatile session last week. But so, a still rather high foreign selling sentiment would slow down the upside potential.
  • Therefore, we predict that the IDX would be in the positive side today.

Daily Research:

INDY

Sell on strength

S2 S1 Level R1 R2
1,300 1,375 1,430 1,500 1,570

INDY still moved up in a thin range followed by a high volume but only with a shooting star pattern that could potentially create a correction.

ITMG

Trading buy

S2 S1 Level R1 R2
13,725   14,400 15,400 15,900 17,000

ITMG moved in the positive side with a bullish engulfing pattern and also a break on its horizontal resistance suggesting a further upside opportunity.

KINO

Speculative buy

S2 S1 Level R1 R2
2,800 3,000 3,200 3,400 3,680

KINO took a weak turn with a low volume and a close near the diagonal support and an oversold RSI trend indicating a limited downside potential.

WIKA

Trading buy

S2 S1 Level R1 R2
2,270 2,400 2,580 2,650 2,760

WIKA edged higher followed by a bullish engulfing with a high enough volume that could lead to further 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 07 November 2016

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Dow Jones industrial average melemah 42.39 poin, atau 0.24%, pada 17,888.28. Nasdaq Composite melemah 12.04 poin, atau 0.24%, pada 5,046.37. Wall Street masih berada di kisaran negatif pada hari Jum’at di tengah kekhawatiran pemilihan presiden minggu depan dan turunnya harga minyak mentah.

Stock Closing Rec. S2 S1 R1 R2
INDY 1,430 Sell on strength 1,300 1,375 1,500 1,570
ITMG 15,400 Trading buy 13,725 14,400 15,900 17,000
KINO 3,200 Speculative buy 2,800 3,000 3,400 3,680
WIKA 2,580 Trading buy 2,270 2,400 2,650 2,760

*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 29 June 2016

Negative Market.

S2 S1 IDX R1 R2
4,820 4,836 4,882.1 4,896 4,933
  • Rebound for global markets and a stronger Rupiah after a smooth approval of Tax Amnesty would send in the positive sentiment.
  • The IDX was on the positive side with the support of a high foreign buying sentiment yesterday in which could lead to a positive potential.
  • Therefore, we predict that the IDX would be in the positive side today. Continue reading

Kiwoom Trader 29 June 2016

Dow Jones industrial average menguat 269.48 poin, atau 1.57%, pada 17,409.72. Nasdaq Composite juga naik 97.42 poin, atau 2.12%, pada 4,691.87. Wall Street melakukan rebound pada hari Selasa setelah para investor melakukan akumulasi saham-saham yang sudah tertekan cukup dalam.

Stock Closing Rec. S2 S1 R1 R2
BMRI 9,450 Trading buy 8,600 9,000 10,000 10,500
GGRM 68,725 Trading buy 63,350 66,000 70,000 73,925
INDY 535 Trading buy 442 500 580 620
SMRA 1,695 Sell on strength 1,560 1,635 1,755 1,820

*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 5 December 2014

Negative Market.

S2 S1 IDX R1 R2
5,118 5,149 5,177.1 5,205 5,219
  • Lack of fresh new leads would not revive the trading activities.
  • The IDX ended the trading relatively up after going near the psychological level of 5,200 yesterday. Another doji pattern would suggest a fairly limited market movement range.
  • Accordingly, we predict that he IDX would in the negative side today.

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