The Jakarta Composite Index (JCI) may be strengthened only on Mondays (October 18, 2021). Forecast analyst JCI is trying to record the highest or highest ever.


William Suryawijaya, CEO of PT Indosurya Bersinar Sekritas, said JCI’s move in this short week will continue to be characterized by efforts to record record highs.

However, William said the likelihood of a rational amendment is still high given that JCI has previously experienced an increase.

This is due to the influx of foreign investors’ funds, which tended to modify commodity prices, especially coal and did not see a significant acceleration into the capital markets. JCI moves in the range of 6,472-6,691.

“Today, JCI has limited potential for strengthening,” he said in a memo on Monday (October 18, 2021).

Meanwhile, Herditya Wicaksana, an analyst at PT MNC Sekuritas, said JCI has limited opportunities to strengthen but tends to be modified.

“Currently, the position of JCI is at the end of wave (v) of wave A (iii), so there is still an opportunity to strengthen it, but it is relatively limited and JCI first modifies and waves (iv). ) Tends to form.), “He said.

He said the possibility of wave (iv) correction is in the range of 6,440-6,610. JCI moves in the range of support 6,392,62.62 and resistance 6,680-6,690.

Preferred stock

For preferred strains, Herditya selected PT Indocement Tunggal Prakarsa Tbk (INTP), PT Saratoga Investama Sedaya Tbk (SRTG), PT Mitra Adiperkasa Tbk (MAPI), and PT Pakuwon Jati Tbk (PWON).

Meanwhile, William holds shares in PT Jasa Marga Tbk (JSMR), PT Indo Tambangraya Megah Tbk (ITMG), PT Bank Central Asia Tbk (BBCA), PT Astra International Tbk (ASII), PT Ciputra Development Tbk (CTRA) and PTAstra. I have selected. Agro Lestari Tbk (AALI), PT Tower Bersama Infrastructure Tbk (TBIG), PT Mayora Indah Tbk (MYOR).