JCI Wednesday Has A Chance To Strengthen, Four Shares Are Recommended By MNC Sekuritas
JAKARTA - The Composite Stock Price Index (JCI) today, Wednesday, October 29, has the opportunity to strengthen even though yesterday it was corrected 0.30 percent to the level of 8,092.63.
Yesterday's weakening JCI was still dominated by selling pressure. Even so, the closest strengthening area that was previously thought to have been achieved.
MNC Sekuritas in its research estimates that technically the JCI is expected to be at the end of the wave (ii) from the wave [iii]. This means that the correction room is relatively limited and the opportunity for strengthening is still open to the target area in the range of 8,209-8,268.
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The JCI support levels are at 7,967 and 7,854, while resistance is at 8,161 and 8,269.
The stocks recommended by MNC Sekuritas today are BMRI, BRPT, FORE, and RATU.