Market Review (Session 1)
In session 1, JCI closed positive 0.13% to the level
of 6,599.89
Indonesia's annual inflation inched up to 1.66
percent in October of 2021, in line with forecasts.
Market Prediction (Session 2)
JCI : The index opened gap up and managed to
touch the first resistance flow at 6,625, the highest
at 6,629. Then the movement tends to be bearish
and stuck above level 6,585. Be careful if JCI fails
to hold above level 6,585.
- BSDE : The price closed higher with a bullish
candle. The price is still likely to strengthen
again as long as it maintain above support.
Further confirmation if the price can be
bullish again and break up to level 1,125. Be
careful if the price goes down below support
level.
- ERAA : The price closed stagnant and still in
our buying range. The price still has a chance
to strengthen as long as it maintain above
support. Confirmation for the strengthening if
the price is bullish again and breaks up to level
660. Be careful if the price goes down below
support level.
- SMGR : The price managed to touch the first
target at 9,325 and closed at 9,300 (+2.2%).
The price has a chance to continue
strengthening to the next target at 9,425, if it
breaks up above that level, the price can
continue to 9,575. The nearest benchmark
support at 9,100. Be careful if the price goes
down below support level.
- WOOD : The price closed higher with a bullish
candle. The price is still likely to strengthen
again as long as there is it maintain above
support. Confirmation for further
strengthening if the price can be bullish again
and break up to level 830. Be careful if the
price goes down below support level.
News
- PT Adhi Karya (Persero) Tbk (ADHI) posted an
increase in net profit until September 2021,
which grew 10.59% on an annual basis (yoy).
ADHI's revenue was recorded at IDR 7.35
trillion. This figure decreased by 13.01
percent compared to the third quarter of
2020 of IDR 8.45 trillion.
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
