Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) in today’s trading, Thursday (21/10/2021) is predicted by a number of brokers to continue strengthening.
Meanwhile, in trading last Tuesday (19/10/2021), before the market holiday on Wednesday to coincide with the Birthday of the Prophet Muhammad SAW, the benchmark index of the Indonesia Stock Exchange (IDX) closed down 0.04% correction to the level of 6,655.99.
Several brokers have given their stock recommendations that are worthy of consideration before starting trading today, Thursday (21/10).
Artha Sekuritas – Investors Wait for Issuers’ Financial Reports
JCI is predicted to strengthen. Technically trend bullish still quite strong, JCI will test resistance all-time high. The movement will be driven by the release of financial reports, which are currently entering the third quarter 2021 performance release season.
Preferred stock:
BNGA
WSKT
MNCN
ISSP
Samuel Sekuritas Indonesia – Index Still Rally
JCI managed to breakout the resistance level of 6,500. Potential will continue rally During uptrend line stay solid.
Preferred stock:
PGAS
SRTG
THAT
Indosurya Shines Sekuritas – There is Potential for a Reasonable Correction
The development of the JCI movement still shows that it is in a fairly limited range, the potential for a reasonable correction is still quite large considering the sentiment from commodity price movements that are currently moving downwards, however, the capital inflow that has begun to return to the Indonesian capital market can be a support for the Indonesian capital market. the short-term increase in the JCI, so today the JCI still has the potential to move in the green zone.
Preferred stock:
ASII
UNVR
INDF
BBNI
Binaartha Sekuritas – JCI Heads to 6,700
JCI may continue its medium term uptrend towards the next target at 6,799 if it is able to break the nearest resistance at 6,692. However, as long as it is still closed below the resistance, the JCI still has the chance to weaken towards the support at 6,543 to form a wave [iv].
JCI support levels are at 6,543, 6,456 and 6,385, while resistance levels are at 6,692, 6,799 and 6,890. From the MACD indicator it indicates an uptrend.
Preferred stock:
ANTME
BBNI
BMRI
MIKA.
(bag bag)
– .
