Sep 14, 2011

Stock recommendations today

Dow Jones Industrial Average slightly gained 44.73 points, or 0.4%, to 11.105.85 on Tuesday. The last time the Dow traded in that narrow a range was July 26. How about Indonesia stock market today? Here are stock recommendations provided by Bisnis Indonesia today:

e-Trading Securities:
Jakarta Composite Index (JCI) may move within the range of 3,821-3,893 with possible further correction. Stocks to watch: GGRM, AALI, and ISAT.
Reliance Securities:
The JCI technically tends to continue its correction, but relatively limited to the closest level of resistance at 3,906. Stocks to monitor: BDMN, INDF, and LSIP.

Minna Padi Investama:
The index may move in the negative area within the support level of 3,817 today. Several stocks to watch: BMRI, BBRI, and BBNI.

Panin Sekuritas: 
The JCI may suffer further corrections. We estimate the index may move within the range of 3,830-3,917. 

Sinarmas Sekuritas:
Technically, the index tends to decline within the range of 3,840-3,936 today. Stocks to watch: CPIN, JSMR, ISAT, and INDF.

Disclosure: No position at the stock mentioned above.

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