Feb 24, 2011

Stock recommendations today

Indonesian stocks may fluctuate today, leaving the Jakarta Composite Index (JCI) to move range bound. Here are recommendations provided by several brokerages as quoted by Bisnis.com today:

Panin Sekuritas:
The index is projected to swing around its support-resistance level at 3,454-3,500.

e-Trading Securities:
The brokerage predicted the index to move in the range of 3,388-3,526 with recommended shares like BBCA, ADRO, and PTBA.

Erdhika Sekuritas: 
It also recommended buy for PTBA, ITMG, and ADHI, as the index is predicted to move between 3,444-3,496.

Reliance Securities: 
The brokerage recommended buy for stocks like PGAS and TBLA, and sell for stocks like PTPP and UNSP. Technically, the securities company saw possibility for the index to fluctuate between 3,430-3,500.

Disclosure: No position at the stock mentioned above.

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