Daily Research 19 January 2018

S2 S1 IDX R1 R2
6,279.5 6,371.2 6,472.7 6,520.0 6,575.0
  • Dow Jones closed 97.8 points lower at 26,017.8  levels ahead of US Government budget proposal that need to be approved by Congress today. Deadlock would mean Government shutdown.
  • Regional market traded flat this morning due to lack of positive catalysts.
  • Energy prices remained at relatively high levels, expected to support IDX which vulnerable to profit taking action today.
  • We expect IDX to trade mixed with negative tendency today.
AISA

Trading Buy

S2 S1 Level R1 R2
378 530 615 720 875

AISA closed the trading higher with a long white candle  followed by a high enough volume signaling a further favorable opportunity.

LPCK

Trading Buy

S2 S1 Level R1 R2
2,900 3,050 3,270 3,390 3,600

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

MAPI

Sell on Strength

S2 S1 Level R1 R2
6,475 6,770 7,000 7,200 7,500

MAPI continued the upside movement but with the presences of its horizontal resistance and previous high in which could limit the upside movement.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,110 1,175 1,500 1,510 1,550

RALS closed the session higher with long white candle with higher volume but overbought RSI trend that could limit the 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.

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Kiwoom Trader 19 January 2018


Pasar Eropa bergerak mixed kemarin namun Dow Jones turun 97.8 poin pada level 26,017.8 seiring pembicaraan budget Pemerintah dengan Kongres hari ini yang berpotensi mengalami jalan buntu. Bursa regional bergerak mendatar pagi ini seiring sepinya sentimen penggerak pasar. Harga komoditas energi cenderung bertahan pada level yang relatif tinggi, dapat menopang sentimen IHSG yang rentan mengalami koreksi teknikal. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan menurun akhir pekan ini.

Stock Closing Rec. S2 S1 R1 R2
AISA 615 Trading Buy 378 530 720 875
LPCK 3,270 Trading Buy 2,900 3,050 3,390 3,600
MAPI 7,000 Sell on Strength 6,475 6,770 7,200 7,500
RALS 1,500 Sell on Strength 1,110 1,175 1,510 1,550

*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 16 January 2018

S2 S1 IDX R1 R2
6,181.9 6,279.5 6,382.2 6,445.9 6,500.0
  • European market traded lower on profit taking while Dow Jones closed on Martin Luther King Day.
  • Regional market traded lower this morning due to lack of positive catalyst.
  • Rupiah appreciation and relatively high energy prices expected to support positive sentiment for IDX which closed near its recent high.
  • We expect IDX to trade mixed with lower tendency as investor tend to realize profits.
ADHI

Trading Buy

S2 S1 Level R1 R2
1,960 2,040 2,120 2,200 2,290

ADHI closed the session above recent high with increasing trading volume indicating another upside potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,950 3,110 3,220 3,290 3,400

INCO closed the session higher near its resistance with a thin volume and overbought RSI trend that could limit the upswing.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,110 1,175 1,300 1,330 1,370

RALS closed the session higher near its resistance with a thin volume and overbought RSI trend that could limit the upswing.

TLKM

Buy on Weakness

S2 S1 Level R1 R2
3,910 4,060 4,120 4,200 4,320

TLKM still carried on the downturn but with the presence of its horizontal support that could slow the downturn.

* 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 16 January 2018


Pasar Eropa diperdagangkan menurun seiring aksi profit taking investor. Pasar Amerika tutup dalam peringatan Martin Luther King Day. Bursa kawasan regional dibuka cenderung menurun pagi ini seiring sepinya sentimen penggerak pasar. Apresiasi Rupiah serta relatif bertahannya harga komoditas energi diharapkan dapat memberi sentimen positif terhadap IHSG yang masih bertahan dekat dengan level tertinggi sebelumnya. Kami memperkirakan IHSG bergerak mixed cenderung menurun pagi ini dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,120 Trading Buy 1,960 2,040 2,200 2,290
INCO 3,220 Sell on Strength 2,950 3,110 3,290 3,400
RALS 1,300 Sell on Strength 1,110 1,175 1,330 1,370
TLKM 4,120 Buy on Weakness 3,910 4,060 4,200 4,320

*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,