Aug 18, 2011

Stock recommendations today

Dow Jones Industrial Average last night ended 0.04% higher, while Nasdaq and S&P 500 index slightly fell 0.47% and inched up 0.09% respectively.
European stock markets such as FTSE 100 Index slightly abated 0.49%, CAC 40 climbed 0.73%, and DAX fell 0.77%. Jakarta Composite Index (JCI) today may experience a correction today. Here are stock recommendations provided by Bisnis Indonesia today:

Sinarmas Sekuritas:
The JCI technically may swing today within the range of 3,925-3,987. Stocks to watch: JSMR, BBRI, CMNP, and ROTI.

e-Trading Securities:
The index is estimated to experience a correction today and may move in the range of 3,906-3,997 with several stocks to watch: BBRI and BSDE.

Reliance Securities:
The JCI may consolidate today with downtrend possibility. The support level is 3,935 with resistance level of 4,003. Stocks to watch: ANTM, BBNI, AALI, INTP, and MEDC.

Disclosure: No position at the stock mentioned above.

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