Technical View 30 Des 2011

TECHNICAL VIEWDes 2011 EQUITY RESEARCH | 30

INDEKS: 3,760-3,820/3,836
IDX (3,809): 3,760-3,820/3,836 Indeks diperdagangkan di atas EMA 200 harian. Indeks akan bergerak naik untuk melanjutkan kenaikan Kamis. Buyer mulai mengendalikan perdagangan dan potensi penguatan bisa menuju breakout di atas 3,820 sehingga memulai trend kenaikan yang baru. Support di 3.760. Last 3,809 Support 3,760 Resistance 3,820/3,836 RSI Range Projection Bollinger Band l/U Ticker BBRI BBNI CMNP SMCB ENRG Action Buy Buy Buy Buy Trading Buy 3,734 3,719.16 51.3 3,779 3,819.78

Target 7,050 4,000/4,350 1,740 2,300 183

BBRI (Rp6,750): Buy BBRI telah pullback dan sudah mendekati support di 6,550. Rasio risk and rewards yang menguntungkan buyer dan potensi untuk menjadi uptrend tetap terjaga. Last Support Resistance RSI Range Projection Bollinger Band L/U Rp6,750 6,550 7,050 51.0 6,925 6,971.5

6,675 6,508.5

BBNI (Rp3,850): Speculative Buy BBNI sudah berada di dekat support 3,750 dan menjadikan rasio risk and rewards menguntungkan posisi buyer. Arah penguatan bisa menuju 4,000 dan 4,350. Last Support Resistance RSI Range Projection Bollinger Band L/U Rp3,850 3,750 4,000 49.4 3,800 3,780.2 3,950 3,974.8

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Technical View 30 Des 2011

ENRG (Rp175): Speculative Buy ENRG berpeluang naik kembali setelah terdapat momentum kenaikan mulai kembali setelah pullback. Kenaikan akan menuju last high di 183 dan mungkin berlanjut ke resistance di atasnya. Last Support Resistance RSI Range Projection Bollinger Band L/U 171 142.3 Rp175 165 183 62.2 180 180.9

SMCB (Rp2,100): Buy SMCB tertahan di support dan berpeluang untuk naik kembali. Arah penguatan bisa menuju resistance last high di 2,300. Peluang untuk berada di trend bullish masih terjaga. Last Support Resistance RSI Range Projection Bollinger Band L/U Rp2,100 2,000 2,300 54.6 2,150 2,292.0

2,075 1,933.0

CMNP (Rp1,650): Speculative Buy CMNP masih bisa menguat kembali untuk memulai trend naik yang baru. Penguatan ini berpeluang untuk melanjutkan trend kenaikan dengan menuju last high di 1,740 dan 1,850. Last Support Resistance RSI Range Projection Bollinger Band L/U Rp1,650 1,600 1,740 58.5 1,660 1,759.7

1,640 1,454.3

Analyst: Rafdi Prima Phone: 021-5263445 Email: rafdi.prima@mandirisek.co.id

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Technical View 30 Des 2011

Trading Ideas Ticker Px Last Low Pro. High Pro. Support 2 Support 1 pivot Resist 1 Resist 2 Rec.

ANTM AALI ASII BUMI INCO

1,630 21,600 74,000 2,175 3,250

1,615 21,375 72,900 2,125 3,200

1,645 21,825 75,100 2,225 3,300

1,590 21,000 71,067 2,042 3,117

1,610 21,300 72,533 2,108 3,183

1,620 21,450 73,267 2,142 3,217

1,640 21,750 74,733 2,208 3,283

1,650 21,900 75,467 2,242 3,317

Speculative Buy Hold Trading Buy Buy Trading Buy

Source: Bloomberg

Equity Indices JCI Dow Jones Nikkei SET Hang Seng STI Source: Bloomberg Last 3,808.8 12,287.0 8,436.7 1,023.9 18,397.9 2,672.8 Previous 3,769.2 12,151.4 8,398.9 1,028.2 18,518.7 2,666.3 Chg. (pts) +39.6 +135.6 +37.8 -4.3 -120.8 +6.5 Chg (%) +1.0 +1.1 +0.4 -0.4 -0.7 +0.2

Currencies and ADRs

Currency Rp/US$ EUR/US$ YEN/US$ MYR/US$ ADR Stocks TLK in Rp IIT in Rp Source: Bloomberg

Last
9,073.0 1.3 77.7 1.3 6,977 5,734

Previous
9,033.0 1.3 77.6 1.3 6,935 5,257

Chg. (pts)
+40.0 +0.0 +0.0 +0.0 +42 +477

Chg. (%)
+0.4 +0.1 +0.0 +0.0 +0.6 +9.1

Major Commodities Last

Oil spot (US$/bl) Nickel spot (US$/mt) Gold spot (US$/oz) Tin 3-month (US$/mt) CPO futures (Ringgit/ton) Soybean oil (US$/100gallons) Rubber forward (US/kg) Coal (US$/ton)* * weekly price Source: Bloomberg, globalcoal 99.8 18,181.0 1,549.6 18,800.0 3,120.0 51.1 426.5 132.5

Previous day
99.7 17,881.0 1,546.0 18,600.0 3,157.0 51.1 426.5 138.5

Chg. (pts)
+0.1 +300.0 +3.7 +200.0 -37.0 +0.0 +0.0 -6.0

Chg (%)
+0.1 +1.7 +0.2 +1.1 -1.2 +0.0 +0.0 -4.3

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Mandiri Sekuritas A subsidiary of PT Bank Mandiri (Persero) Tbk Plaza Mandiri 28th Floor, Jl. Jend. Gatot Subroto Kav. 36 - 38, Jakarta 12190, Indonesia General: +62 21 526 3445, Fax : +62 21 527 5711 (Equity Research), +62 21 527 5374 (Equity Sales)

RESEARCH
Verdi Budiman Adrian Joezer Herman Koeswanto Maria Renata Octavius Oky Prakarsa Raditya Christian Artono Villya Christin Purba Aldian Taloputra Leo Putra Rinaldy Rafdi Prima Wisnu Trihatmojo Head of Equity Research Strategy, Banking Automotive, Consumer, Retail Mining, Metals Automotive, Construction, Toll road Building material, Consumer, Property Oil & gas, Telecommunication Chemical Economist Economist Technical Analyst Research Assistant adrian.joezer@mandirisek.co.id hariyanto.wijaya@mandirisek.co.id herman.koeswanto@mandirisek.co.id maria.renata@mandirisek.co.id octavius.prakarsa@mandirisek.co.id raditya.artono@mandirisek.co.id villya.purba@mandirisek.co.id aldian.taloputra@mandirisek.co.id leo.rinaldy@mandirisek.co.id rafdi.prima@mandirisek.co.id wisnu.trihatmojo@mandirisek.co.id +6221 5296 9549 +6221 5296 9553 +6221 5296 9543 +6221 5296 9546 +6221 5296 9547 +6221 5296 9569 +6221 5296 9638 +6221 5296 9572 +6221 5296 9406 +6221 5296 9551 +6221 5296 9544 Hariyanto Wijaya, CPA, CFA Conglomerate, Plantation, Heavy eq. verdi.budiman@mandirisek.co.id +6221 5296 9542

INSTITUTIONAL SALES
Lokman Lie Silva Halim Reinald Wangsanata Oos Rosadi Vera Ongyono Arvita Utami Ananda Andrew Handaya Zahra Aldila Niode Kusnadi Widjaja Edwin Setiadi Henry Sidarta Head of Sales, Trading & Dealing Head of Equity Sales Institutional Sales Institutional Sales Institutional Sales Institutional Sales Institutional Sales Institutional Sales Equity Dealing Equity Dealing Equity Dealing lokman.lie@mandirisek.co.id silva.halim@mandirisek.co.id Reinald.wangsanata@mandirisek.co.id oos.rosadi@mandirisek.co.id vera.ongyono@mandirisek.co.id arvita.ananda@mandirisek.co.id andrew.handaya@mandirisek.co.id zahra.niode@mandirisek.co.id kusnadi.widjaja@mandirisek.co.id edwin.setiadi@mandirisek.co.id henry.sidarta@mandirisek.co.id +6221 527 5375 +6221 527 5375 +6221 527 5375 +6221 527 5375 +62 21 527 5375 +62 21 527 5375 +62 21 527 5375 +62 21 527 5375 +6221 527 5375 +62 21 527 5375 +62 21 527 5375

RETAIL SALES
Marhaendra Yohanes Triyanto Hendra Riady Meta Rama Prilyandari Boy Triono Mochamad Jamil Irawan Endro Surono Ruwie Hariyanto Jakarta Branch Kelapa Gading Branch Mangga Dua Branch Pondok Indah Branch Bandung Branch Banjarmasin Branch Malang Branch Medan Branch Surabaya Branch marhaendra@mandirisek.co.id Yohanes.triyanto@mandirisek.co.id hendra.riady@mandirisek.co.id meta.prilyandari@mandirisek.co.id boy.triyono@mandirisek.co.id m.jamil@mandirisek.co.id irawan.es@mandirisek.co.id ruwie@mandirisek.co.id hariyanto@mandirisek.co.id +6221 5296 9491 +6221 45845355 +6221 6230 2333 +6221 75818837 +6222 2510738 +62511 442 4020 +62341 336440 ext 102 +6261 457 1116 +6231 535 7218

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