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19 April 2016

S2
4,823

S1
4,853

IDX
4,865.5

R1
4,875

R2
4,900

Daily Technical Analysis

A positive Dow Jones and regional indices would


send in the favorable support.
The IDX resumed the upside movement supported by
foreign buying interest yesterday. But so, a position
near its recent high would potentially dampen the
upside opportunity.
So, we predict that the IDX would be in the positive
side today.
BBRI
S2
9,350

Sell on strength
S1
9,850

Level
10,200

R1
10,450

R2
10,875

CTRA

S2
1,150

Trading buy
S1
1,240

Level
1,300

R1
1,350

R2
1,435

BBRI managed a rebound with a formation of a bullish


engulfing. But so, the presences of several resistances
would possibly dampen the upside potential.

CTRA edged higher yesterday followed by a bullish


engulfing pattern and a high enough volume
suggesting another upside movement.

TLKM

UNTR

S2
3,300

Sell on strength
S1
3,410

Level
3,620

R1
3,650

R2
3,700

TLKM ended the session up near its diagonal


resistance and the RSI trend also near the overbought
territory so that c ould trim any further positive turn.

Dow Jones
Nasdaq
TLK
IDR/US$ *

US Market
18,004.1
4,960.0
54.80
13,170

+106.7
+21.8
IDR 3,608

US$ and regional indices above were taken at 7:45 WIBB


* Previous data

S2
15,675

Sell on strength
S1
16,100

Level
16,600

R1
17,000

UNTR still carried on the upside turn but with a close


near its resistance that could limit this current upside
movement.

All Ordinaries
Nikkei 225
Kospi
FTSE 100 *
DAX *
CAC 40 *
IBEX 35 *

World Indices
5,274.8
16,815.4
2,017.6
0
6,353.5
10,120.3
4,506.8
8,881.6

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
Securities 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.

Research Department

R2
17,500

Tel : 526-1326 Fax : 526-1320

E-mail: research@kiwoom.co.id

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+539.4
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