May 16, 2011

Stock recommendations today

Jakarta Composite Index (JCI), a benchmark that measures all stock prices at Indonesia Stock Exchange (IDX), is estimated to gain as the US inflation data might provide sentiment to the JCI. Several stocks to watch: BJBR, INDY, AALI, and GGRM.

Sinarmas Sekuritas:
The index technically today may move in the range of 3,820-3,848. The US inflation data could provide sentiment to the JCI. Several stocks to watch: BJBR, BMRI, INDY, and PTBA.

e-Trading Securities:With a candlestick's pattern white marubozu, stochastic indicator, and RSI which are in uptrend and close to overbought, the JCI may gain today. But, it technically may swing in the range of 3,793-3,849. Several stocks to watch: INDT, AALI, and GGRM.

Disclosure: No position at the stock mentioned above.  

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