Jakarta Composite Index (JCI) is poised to extend its rally today after a rebound yesterday. Several brokerages provide stock recommendations today as quoted by Bisnis.com:
The JCI technically tends to advance at the range of 3,484-3,541. Inflation data of 6,84% YoY which is below analyst's estimation and positive manufacturing data from China may provide positive sentiment to the JCI. Stocks to watchL BBTN, INTP, SGRO, and ASII.
The JCI is predicted to possibly test the strong resistant level at 3,520. It recommends buy on shares like ADRO, ANTM, and GGRM.
The brokerage sees possibility for the index to move between 3,462-3,547 with recommended shares like ASII, BBRI, and INDY.
It projects the index to further strengthen yet in limited space. JCI will test the resistance level at 3,525-3,550.
The JCI will possibly move between 3,484-3,542 with recommended shares like PGAS, BISI, and CMNP.
Disclosure: No position at the stock mentioned above.
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