The bull began to look at the new area above the 5.470
Technically, the JCI started to change the trend of short-term and medium term towards more positive although often exposed to the action of sell sudden market players from the bears who can not stand the turmoil the volatility of regional to glance at the resistance area new above 5.470, the recommendation to perform the accumulation in the big cap index drivers and layer two options for kontinuasi the next increment.
Support: 5.370-5.310-5.240-5.130 Resistance: 5.470-5.525-5.600 the
Stock picks: (BUY: BJBR, TINS, PGAS, and LPKR)
1. Bank Jabar (BJBR) (Trading target: Rp.1.710-1.810)
In the technical pattern improvement of short and medium-term trend in emitten small cap banking this makes it interesting for the accumulation of view the performance expektasi earnings to the fore in 2016-2017 with the scenario of the next rise towards the psychological resistance at Rp.1.710-1.810
Entry (1) Rp1.615, Entry (2) Rp.1.595, Cut loss point: Rp.1.580
2. Tambang Timah (TINS) (Trading target of Rp.850)
commodity Prices began bottoming at the low of the last 10 years and the valuation sector, which is quite cheap after the depressed for so long make emitten carrier gas SOES this is interesting to in the accumulation term of the medium-term, the recommendation that the accumulation for a potential rise next to the Rp.850
Entry (1) Rp.790, Entry (2) Rp.770, Cut loss point: Rp.750
3. Perusahaan Gas (PGAS) (Trading target of Rp.2.650)
In the technical repair of short and medium-term gas carriers of this state can be used as an accumulation to kontinuasi increase in short and medium-term next to the Rp.2.650
Entry (1) Rp.2.455, Entry (2) Rp.2.405, Cut loss point: Rp.2.375
4. Lippo Karawaci (LPKR) (BUY) (Trading Target of Rp.975)
Pattern improvement momentum in the short and medium emitten this property can be used as a trading opportunity following the kontinuasi the next rise to psychological resistance Rp.975.
Entry (1) Rp.910, Entry (2) Rp.890, cut loss point: Rp.870
Disclaimer: Investment in capital markets is risky and can result in material losses. This paper only aims to only provide information and should not be construed as a solicitation or offer to buy and/or sell securities or other financial instruments. Any investment decision is taken are the sole responsibility of the investor.
Disclaimer: This document has been prepared by PT.KGI Securities Indonesia. The information has been compiled from public source, which we believe to be reliable but no representation or warranty, express or implied is made as to accuracy, completeness or fairness of the information and opinions contained in this document. Information and opinion contained herein are used to assist recipients, but are not to be relied upon as authoritative or taken in substitution for the exercise of judgment by any recipients as of this date. Any opinion and expressed in this report are subject to change without notice and PT. KGI Securities Indonesia is not under obligation to update or keep current the information contained herein. This report is not, and should not be construed as, an offer or solicitation to buy or to sell any securities. PT. KGI Securities Indonesia accepts no liabilities whatsoever for any direct, indirect or consequential damages loss or damage suffered by any person as a result of relying on any statement or omission in any information contained in this report. No part of this report may be produced, distributed or published without the written permission of PT. KGI Securities Indonesia. All rights reserved
Yuganur Wijanarko Senior Research (yuganur.wijanarko@kgi.com)
