Jakarta, hitclubapk3 Indonesia
—
Index
Stock Prices
Combined (
IHSG
) is projected to strengthen on
trade
Monday (24/11).
MNC Sekuritas Technical Analyst Herditya Wicaksana estimates that the stock index is still in phase
waves
(iii) of
waves
[iii].Thus, the index still has the opportunity to continue strengthening towards the 8,540-8,577 range today.
Even so, he reminded that there is a potential for short-term correction that needs to be paid attention to, especially if the JCI moves according to the red label scenario.
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“In this scenario, the JCI is at risk of being corrected to the 8,311-8,350 area while testing
support trendline
,” said Herditya in his daily research.
With this sentiment, Herditya projects that the JCI will move in a range
support
8,341, 8,276 and
resistance
8,488, 8,532 today.He also recommended a number of shares, namely ASII, BBTN, TOBA and COCO.
Meanwhile, Binaartha Sekuritas analyst Ivan Rosanova said the stock index had the opportunity to do so
rebounding
first today, because closing trading is still above
support
Fibonacci 8.363.
Even so, the opportunity for correction is still open if the index fails to rise again above 8,463.
“If the JCI remains below that level, the correction could extend towards the Fibonacci target of 8,298,” said Ivan in his daily research.
He also predicts that the JCI will move at level
support
8,363, 8,323, 8,255, and 8,163 and
resistance
8,486, 8,595, and 8,703 today.Ivan also recommended a number of shares, namely AMRT, ASII, BBRI, CPIN and PGEO.
JCI closed at level 8,414 on Friday (21/11) afternoon.The stock index weakened 5.56 points or minus 0.07 percent from previous trading.
Quoting RTI Infokom, investors made transactions amounting to IDR 16.47 trillion with the number of shares traded amounting to 34.78 billion shares.
At the close of last week, 274 stocks rose, 352 corrected and 187 remained stagnant.
Editor’s Note:
This news is not made to recommend or not recommend certain shares.Investment decisions are completely in the hands of the reader.
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