Monday, April 8 th 2013 IHSG 4926.07 3.46 LQ-45 830.66 0.07% 0.53 Vol (Mn): 5,326 0.06% Val (Bn): 5,495 Sector Indices Last Change Change % Agriculture 1971.05 (0.52) (0.03) Mining 1815.09 (0.42) (0.02) Basic Industry 607.56 (0.82) (0.13) Misc Industry 1355.15 (7.24) (0.53) Consumer 1778.13 7.95 0.45 Property 449.90 5.84 1.32 Infrastructure 1023.49 (17.08) (1.64) Finance 658.44 6.08 0.93 Trade 881.34 (1.33) (0.15) Manufacture 1267.31 0.02 0.00 Source: IQ Plus Most Active Last Change % Freq LMPI 300 (1.6) 21,475 WICO 143 34.9 3,467 BMTR 2,250 (1.1) 3,387 BNII 420 (1.2) 3,265 BKSL 285 1.8 3,163 Most Volume Last Change % 000 Lot ENRG 123 2.5 1,295 BKSL 285 1.8 447 ELTY 54 (3.6) 371 TRAM 1,390 (0.7) 315 PWON 365 (1.4) 279 Most Value Last Change % Rp Bil BBNI 5,050 4.1 225 TRAM 1,390 (0.7) 220 ASII 7,650 (0.6) 186 SMGR 17,800 0.0 175 PGAS 5,600 (3.4) 168 IHSG Technical Review R3 5126 R2 5046 R1 4973 Last 4926.07 S1 4873 S2 4792 S3 4729 Sideways tendency, moderate trading volume. Stochastic on bearish momentum, 3 days downside ADX, short term downward movement. Bill William, deceleration phase, 1 st day negative momentum. Fractal (4985-4721. Elliot, moving toward the (A) corrective wave, target level 4828. Stop-loss 4900. relitrade.com Please see back page for disclaimer 1
Chart Pick SMRA R3 2600 R2 2500 R1 2300 Last 2250 S1 2100 S2 1950 S3 1800 Bullish harami, significant trading volume. Stochastic oversold state, golden cross indication, broad upside potential Candle has reached lower Bollinger band, there is a huge upside pressure Stop-loss level 2150, upside target 2500 SSIA R3 1710 R2 1620 R1 1560 Last 1560 S1 1480 S2 1420 S3 1330 Spinning bottom, low trading volume. Stochastic is at oversold state, Golden cross, broad upside Stop-loss level 1520, upside target 1620 Recommended buying price 1540 2
Chart Pick AKRA R3 5700 R2 5500 R1 5150 Last 4950 S1 4900 S2 4675 S3 4475 Bullish harami cross, dragonfly doji, low trading volume. Stochastic, oversold state. Broad upside Stop-loss 4850, upside target 5350. Maximum bullish tolerance level 4675. MAPI R3 9650 R2 9100 R1 8650 Last 8450 S1 8250 S2 7900 S3 7500 Piercing line, significant trading volume. Stochastic is at oversold state, Golden cross, broad upside Stop-loss level 8250, upside target 9100 Recommended buying price 8350. 3
Technical Stocks Matrix Stocks Closing Stop Rec Target Curr. Curr. S2 S1 Price R1 R2 Technical Notes Rec Loss Buy Prc Price P/E (x) P/B (x) Plantation AALI 17,800 18,450 18,450 19,300 20,100 Sideways W 18000 13.0 3.4 BWPT 1,130 1,200 1,280 1,290 1,370 Spinning bottom SB 1250 1260 1370 16.7 3.2 Mining ADRO 1,180 1,260 1,290 1,340 1,430 Bearish momentum W 1280 9.8 1.4 INCO 2,075 2,300 2,450 2,500 2,700 Overbought PS 2400 2500 9.7 1.5 PTBA 13,850 14,550 15,050 15,300 16,000 Bearish breakaway S 15000 11.8 4.1 Consumer ICBP 9,250 9,900 10,400 10,600 11,200 Overbought PS 9900 27.5 5.3 MYOR 27,500 28,550 29,500 29,800 31,450 Overbought H 29000 29800 26.8 5.1 KLBF 1,140 1,230 1,230 1,330 1,400 Southern star TB 1230 1330 35.8 9.7 Trading ACES 780 830 860 880 930 Bearish momentum S 850 41.9 1.0 AKRA 4,675 4,850 4,950 5,100 5,350 Dragonfly doji SB 4850 5350 29.7 4.5 MAPI 7,900 8,250 8,450 8,650 9,100 Piercing line SB 8250 8350 9100 38.9 7.8 MNCN 2,850 3,050 3,075 3,275 3,475 Breaks resistance B 3050 3275 27.5 6.4 Property & Construction ASRI 915 990 1,020 1,060 1,130 Sideways SB 990 1010 1130 20.0 4.8 SMRA 1,950 2,100 2,250 2,300 2,500 Bullish harami SB 2150 2250 2500 25.1 5.2 BSDE 1,570 1,630 1,640 1,720 1,780 Spinning bottom SB 1610 1620 1780 31.8 2.9 WIKA 1,850 2,000 2,125 2,125 2,275 Overbought TB 2000 2200 26.8 4.7 KIJA 250 270 280 290 300 Oversold W 265 14.8 1.5 Basic Industry & Chemical CPIN 4325.0 4,500 4,775 4,800 5,100 Bearish momentum S 4700 7.3 2.3 SMGR 16,150 17,350 17,800 18,150 19,050 Bearish continuation S 17550 16.4 3.9 SMCB 3,625 3,850 3,950 3,950 4,150 New high TB 3850 3875 4150 24.9 3.8 Miscelaneous ASII 7,150 7,400 7,650 7,700 7,950 Bearish continuation S 7600 15.8 0.4 Finance BBNI 4,700 4,900 5,050 5,150 5,300 Stoch golden cross TB 4950 5150 9.0 2.2 BBRI 8,000 8,400 8,500 8,800 9,200 Oversold W 8350 11.2 3.2 BBTN 1,540 1,610 1,620 1,680 1,750 Bearish continuation S 1600 7.6 1.8 Infrastructure JSMR 5,550 5,850 6,150 6,150 6,400 Gap down S 6100 24.0 4.4 EXCL 5,000 5,450 5,700 6,000 6,450 Sideways PS 5500 17.6 3.1 PGAS 5,250 5,500 5,600 5,800 6,150 Gap down W 5500 22.9 7.9 April 8th, 2013 Recommendation Table Source : Reliance Securities Analyst Conclusion: The index entered the (A) corrective wave rail, distribute immediately.. Legend : B: BUY (allocate till 100% of the weighted capital to accumulate, higher than 50% upside probability) SB: (allocate 25%-50% of the weighted capital to accumulate, 25%-50% upside probability) W: WAIT (wait for proper entry level, do the stop-loss if necessary) H: HOLD (hold the portfolio position, aim for the best price to distribute) PS: PARTIAL SELL (distribute 25%-50% part of the portfolio, 25%-50% downside probability) S: SELL (distribute till 100% of the portfolio, higher than 50% downside probability) TB: TRADING BUY (short term or intraday trading within a tight trading range. Highly speculative). 4
HEAD OFFICE RESEARCH DIVISION Reliance Building Jl. Pluit Kencana No. 15A, Pluit Penjaringan Jakarta 14450 T +62 21 661 7768 F +62 21 661 9884 EQUITY DIVISION Jasa Adhi Mulya Wilson Sofan Monchita W.P Christine Natasya jasa@reliance-securities.com wilson.sofan@reliance-securities.com monchita@reliance-securities.com christine.natasya@reliance-securities.com Jakarta- Pluit Jl. Pluit Kencana No. 15A Pluit Penjaringan Jakarta 14450 T + 62 21 661 7768 F + 62 21 661 9884 Bandung Jl.Cisangkuy No.58 Bandung 40115 T + 62 22 721 8200 F + 62 22 721 9255 Surabaya - Gubeng Jl. Bangka No. 22 Surabaya 60281 T + 62 31 501 1128 F + 62 31 503 3196 Makassar Jl. Boto Lempangan No. 34 J Makassar 90113 T + 62 411 3632388 F + 62 411 3614634 Jakarta - Sudirman Menara Batavia 27th floor Jl.KH.Mas Mansyur Kav 126 Jakarta 10220 T + 62 21 5793 0008 F + 62 21 5793 0010 Tasikmalaya Ruko Tasik Indah Plaza No. 21 Jl. KHZ Mustofa No. 345 Tasikmalaya 46121 T + 62 265 345000 F + 62 265 345003 Surabaya Diponegoro Jl. Diponegoro 141-143 Surabaya 60264 T + 62 31 567 0388 F + 62 31 561 0528 Pekanbaru Jl. Sumatera No. 9, Simpang Empat Pekanbaru - Riau 28000 T + 62 761 7894368 F + 62 761 7894370 Jakarta Kebon Jeruk Plaza Kebon Jeruk Jl.Raya Perjuangan Blok A/2 Jakarta 11530 T + 62 21 532 4074 F + 62 21 536 2157 Yogyakarta Jl. Juadi No. 1 Kotabaru Yogyakarta 55224 T + 62 274 550 123 F + 62 274 551 121 Denpasar Dewata Square Blok A3 Jl. Letda Tantular Renon Denpasar 802361 T + 62 361 225099 F + 62 361 245099 Medan Jl. Teuku Amir Hamzah No.26 T + 62 61 6633065 F + 62 61 6617597 BSD Jl. Pahlawan Seribu Ruko BSD Sektor 7 Blok RK kav. 9 Tangerang 15310 T + 62 21 5387495 F + 62 21 5387494 Surakarta Jl. Slamet Riyadi 330A Solo 57145 T + 62 271 733480 F + 62 271 733478 Pontianak Jl. Gajah Mada No. 59 Pontianak 78121 T. +62 561 749558 F. +62 561 746284 Jakarta Green Ville Ruko Taman Ratu D 11 No. 19 C Duri Kepa, Green Ville Jakarta 11510 T + 62 21 56945227 F + 62 21 56945226 Malang Jl. Guntur No. 19 Malang 65112 T + 62 341 347 611 F + 62 341 347 615 Balikpapan Jl. Jend. Sudirman No. 51A Balikpapan 76114 T + 62 542 746313-16 F + 62 542 746317 POJOK BURSA & GALERI INVESTASI UPN Veteran Jakarta Jl. RS Fatmawati, Pondok Labu Jakarta 12450 T + 62 21 7656971 ext. 197 F + 62 21 7656971 ext. 138 STIE "AUB" Surakarta Jl. Mr. Sartono 97, Cengklik Nusukan, Surakarta 57135 T + 62 271 854803 F + 62 271 853084 Universitas Brawijaya Jl. Veteran Malang 65145 T + 62 341 551611, 575777 F + 62 341 565420 Universitas Tanjungpura Pontianak Jl. Jendral Ahmad Yani Pontianak 78124 T + 62 561 743465 F + 62 561 766840 President University Resto Plaza 1F - Jababeka Education Park Jl. Ki Hajar Dewantara Raya Cikarang - Bekasi 17550 T + 62 21 89106030 Universitas Siliwangi Tasikmalaya Jl. Siliwangi No. 24 Tasikmalaya 46151 T + 62 265 323685 F + 62 265 323534 Universitas Kristen Duta Wacana Jl. Wahidin Sudiro Husodo Yogyakarta 55224 T + 62 274 563 929 F + 62 274 513 235 UPN "Veteran" Yogyakarta Jl. Babarsari 2, Tambak Bayan Yogyakarta T + 62 274 485268 F + 62 274 487147 Universitas Surabaya Jl. Raya Kalirungkut Surabaya 60293 T + 62 31 298 1203 F + 62 31 298 1204 Universitas Muhammadiyah Gresik Jl. Sumatra 101 GKB Gresik 61121 T + 62 31 395 1414 F + 62 31 395 2585 Universitas Negeri Malang Jl. Surabaya No. 6 Malang 65145 T + 62 341 585914 F + 62 341 552888 Universitas Muhammadiyah Malang Jl. Raya Tlogomas 246 Malang 65144 T + 62 341 464318-9 F + 62 341 460782 STIE Malangkucecwara Jl. Terusan Candi Kalasan Malang 65142 T + 62 341 491813 F + 62 341 495619 Universitas Jember Jl. Jawa No. 17 Jember 68121 T + 62 331 330732 F + 62 331 326419 STIESIA Surabaya Jl. Menur Pumpungan 30 Surabaya T + 62 31 5947505 F + 62 31 5932218 Universitas 17 Agustus 1945 Banyuwangi Jl. Adi Sucipto 26 Banyuwangi, Jawa Timur T + 62 333 419613 F + 62 333 419163 Politeknik Kediri Jl. Mayor Bismo No. 27 Kediri 64121 T. (0354) 683128 F. (0354) 683128 Universitas Negeri Makassar Fakultas Ekonomi Gedung BT Lt.2 Jl. A.P. Pettarani, Kampus UNM, Gunungsari Baru Makassar 90222 T. 0411-889464 / 881244 F. 0411-887604 Disclaimer: Informasi, opini dan rekomendasi yang terdapat dalam dokumen ini disajikan oleh PT Reliance Securities Tbk. dari sumbersumber yang dianggap terpercaya dan dapat diandalkan. Dokumen ini bukan merupakan penawaran, invitasi atau representasi dalam bentuk apapun untuk pengambilan keputusan membeli maupun menjual saham. Keputusan investasi yang diambil berdasarkan dokumen ini bukan merupakan tanggung jawab PT Reliance Securities Tbk. PT Reliance Securities Tbk. berhak untuk merubah isi dokumen ini sewaktu-waktu tanpa pemberitahuan terlebih dahulu. Analyst: Wilson Sofan, Christine Natasya Telp: 021-57930008 Ext.148 5