KIWOOM EQUITY LUNCH RESEARCH NOVEMBER 24, 2021
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24 Nov 2021

Market Review (Session 1)

In session 1, JCI closed negative 0.03% to the level of 6,676.15


Market Prediction (Session 2)

JCI : the index closed slightly lower with a bearish candle. JCI is expected to continue to fluctuate with a tendency to weaken.

  • ADRO : The price closed slightly higher with a bearish candle. The price still has a chance to strengthen as long as it stays above support. Confirmation for further strengthening if the price breaks up again at 1,730. Be careful if the price closed below support level.
  • ISAT : The price is in correction and still in our buying range The price still has a chance to strengthen as long as it stays above support. Confirmation for further strengthening if the price breaks up again at 7,000. Be careful if the price closed below support level.
  • ISSP : The price closed breakdown below support. The price still has a chance to strengthen if the price closes above support II again. Confirmation for further strengthening if the price breaks up again at 468. Be careful if the price closed below support level.
  • TBIG : The price managed to touch the first target at 3,070 (+2.67%), the highest was at 3,090 (+3.34%) and closed at 3,050 (+2%). The price is still likely to continue strengthening to the next target. If the price tends to move down below 3,040, it may go down first to close the gap area of 2,990. If the price stays above support, in the short to medium term the trend is still up. 


News

  • PT Telkom Indonesia Tbk (TLKM) for the first nine months of 2021 posted a net profit attributable to owners of the parent entity of IDR 18.87 trillion, up 13.20 percent from the same period in 2020 which recorded a profit of IDR 16.67 trillion.
  • PT United Tractors (UNTR) facilitates loans between business entities. The transaction involves PT Bina Pertiwi (BP), and PT Bina Pertiwi Energi (BPE). BP loaned BPE worth IDR 24.5 billion. 





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