May 11, 2011

Stock recommendations today

The Jakarta Composite Index, a benchmark that measure all stocks price at Indonesia Stock Exchange, is ready for another rally after climbing 0.4% to revisit 3,800. Here are stock recommendations provided by Bisnis Indonesia today:

Sinarmas Sekuritas: 
Technically, the index will moved mixed and finally strengthen to range of 3,789-3,820 today. The recommended share are BBTN, BBNI, BBCA, and BRPT.

Reliance Securities:
The JCI is potentially to continue its rally and move between 3,780-3,820 today, with shares like BBRI & BMRI.

Panin Sekuritas:
The index may retest the resistance level at 3,825-3,830, and support at 3,780. It recommends 'buy' on shares like INDS, BMRI, and ASII.

e-Trading Securities: 
The brokerage predicts the index to move between 3,768-3,824 with recommended shares to buy such as BMRI, MYOR, and BBTN. Yesterday, the most interested shares were BMRI, BBRI, BUMI, UNTR, and ELTY.

Disclosure: No position at the stock mentioned above.

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