JAKARTA - The Composite Stock Price Index (JCI) is predicted to form two scenarios at the beginning of trading in 2025, Thursday, January 2. MNC Sekuritas in his research said that the JCI will today move on support at 6,951-6,843 and resistance at 7,118-7,263.
MNC Sekuritas explained that the JCI closed up 0.62 percent to 7.079 accompanied by the emergence of the volume of purchases on the last day of trading in 2024. Meanwhile, at the beginning of trading in 2025, the JCI today has the opportunity to form two scenarios, namely black and red.
"In the black scenario, the JCI today is forming part of wave C of wave (2). Thus, the JCI today is still prone to correction to the range of 6,835-6,922," wrote MNC Sekuritas.
Meanwhile, in the red scenario, MNC Sekuritas said that the JCI is currently forming the initial part of wave 1. As a result, the JCI today has the opportunity to strengthen to test 7,217-7,394.
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"With the JCI records today, it is able to survive above 6,931," added MNC Sekuritas.
The stocks recommended by MNC Sekuritas for today are ARTO, BUKA, DEWA, and PTBA.
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