Market Review (Session 1)

In session 1, JCI closed with negative 0.84% at level of 6,001.81

Market Prediction (Session 2)

JCI: The index closed down and moved to form a bearish candle. JCI can continue to the next support at the range of 5,957 - 5,962 (as a gap area). Currently, JCI is still in a sideways trend.

• BBTN: The price is still corrected and it is still within our buying range. The price still has the opportunity to strengthen if it can hold above support level. For confirmation, wait for the candle to become bullish or break up to level 1,655. Be careful in case of it breakdown below support level.
• INDY: The price only touches the first target at 1,495 and the highest at 1,500 (+2.38%). The price still has the opportunity to strengthen if it can hold above support level. For confirmation, wait for the candle to become bullish or break up to level 1,495. Be careful in case of it breakdown below support level.
• JSMR: The price is still corrected and is still within our buying range. The price still has the opportunity to strengthen if it can hold above support level. For confirmation, wait for the candle to become bullish or break up to level 4,270. Be careful in case of it breakdown below support level.
• MAPI: The price is still corrected and still within our buying range. The price still has the opportunity to strengthen if it can hold above support level. For confirmation, wait for the candle to become bullish or break up to level 825. Be careful in case of it breakdown below support level

News

• PT Itama Ranoraya (IRRA) posted a net profit of IDR 20.91 billion. Rising 853.6 percent from the same period 2020 in the range of IDR 2.2 billion. This was supported by an income of Rp.228.17 billion, up 754.1 percent from the same edition in 2020 at the level of Rp.26.71 billion.
• PT Vale Indonesia (INCO) during the first quarter of 2021 produced 15,198 metric tons (MT) of nickel in matte. That is down 14 percent compared to the same period in 2020, which recorded 17,614 MT of nickel in matte.

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