Market Review (Session 1)
In session 1, JCI closed positive 0.75% to the level
of 6,106.309.
Money Supply M2 in Indonesia increased to
7198900 IDR Billion in August from 7149173 IDR
Billion in July of 2021.
Market Prediction (Session 2)
JCI : The index managed to strengthen according
to our scenario. JCI is close to approaching our
second resistance flow at 6,123, the high at 6,120.
JCI has a chance to strengthen again to the next
resistance at the range of 6,133 – 6,137 if it can
break up to level 6,123.
- ADHI : The price closed stagnant with a
bearish candle. The price still has a chance to
strengthen if it closed above support.
Confirmation to buy is wait for it return to
bullish candle and breakup to level 905. Be
careful if the price closed below support level.
- MAPI : The price closed a slight correction and
is still in our buying range. The price still has a
chance to strengthen if it closed above
support. Confirmation to buy is wait for it
return to bullish candle and breakup to level
785. Be careful if the price closed below
support level.
- PGAS : The price closed in correction and is
still in our buying range. The price still has a
chance to strengthen if it closed above
support. Confirmation to buy is wait for it
return to bullish candle and breakup to level
1,135. Be careful if the price closed below
support level.
- SCMA : The price managed to touch the
second target at 2,230 (+3.72%). The price
reversed after touching the second target and
closed with a bearish candle. If the price
moves back below level 2,150, it may first go
down to the support area at 2,080. If the price
able to be bullish, there is a chance to
strengthen again. If it fails to hold, the price
could become a downtrend in the short term.
News
- PT Integra Indocabinet Tbk. (WOOD) until
semester I/2021 recorded an increase of
92.10 percent to IDR 2.14 trillion, from IDR
1.11 trillion compared to the same period last
year.
PT Kiwoom Sekuritas Indonesia (KSI)
Treasury Tower 27th Floor Unit A, District 8 Kawasan SCBD Lot 28
Jl.Jend.Sudirman Kav 52-53, Jakarta Selatan 12190
Telp : +62 21 5010 5800
Fax. +62 21 5010 5820
Website : www.kiwoom.co.id
