KIWOOM EQUITY LUNCH RESEARCH NOVEMBER 03, 2021
View PDF
03 Nov 2021

Market Review (Session 1)

In session 1, JCI closed positive 0.48% to the level of 6,524.64


Market Prediction (Session 2)

JCI : The index closed higher with a bullish candle. According to our forecast scenario, after the index was able to return above level 6,509, it managed to touch our resistance flow. If it remains in the bullish candle, there is potential to the second resistance. Be careful if it fails to hold above level 6,509 again, JCI could go down to the support.

  • AALI : The price closed slightly higher and still in a positive trend. The price still has a chance to strengthen as long as it maintain above support. Confirmation for further strengthening if the price is bullish again and breaks up to level 11,175. Be careful if the price goes down below support level.
  • INDF : The price closed in a slight correction and is still in our buying range. The price still has a chance to strengthen as long as it maintain above support. Confirmation for further strengthening if the price is bullish again and breaks up to level 6,300. Be careful if the price goes down below support level.
  • KLBF : The price closed slightly higher and still in a positive trend. The price still has a chance to strengthen as long as it maintain above support. Confirmation for further strengthening if the price is bullish again and breaks up to level 1,640. Be careful if the price goes down below support level.
  • SIDO : The price closed stagnant with a doji candle. . The price still has a chance to strengthen as long as it maintain above support. Confirmation for further strengthening if the price is bullish again and breaks up to level 870. Be careful if the price goes down below support level.


News

  • PT Campina Ice Cream Industry Tbk (CAMP) during the first nine months of 2021 posted a net profit of IDR 81.4 billion, or an increase of 257.01 percent compared to the same period in 2020 which was recorded at IDR 22.825 billion.
  • PT Prodia Widyahusada (PRDA) in the third quarter of 2021 scored a net income of 65.6 percent to IDR 1.99 trillion. Then, net profit grew 318 percent to IDR 511.08 billion.





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