The JCI in Early November is Expected to Strengthen in a Limited Way, These are the Stock Options

JAKARTA - The movement of the Composite Stock Price Index (JCI) is predicted to strengthen limitedly today, Tuesday, November 1, after yesterday's increase of 42.85 points or 0.61 percent to a level of 7.098.89.

Binaartha Sekuritas analyst Ivan Rosanova estimates that the JCI will still move higher with support at 7.050 and resistance at 7,137.

"However, it tends to have the potential to start a correction with more and more issuers who have released third-quarter reports and are thought to have been reflected in previous price increases," said Ivan, in his research.

Another sentiment is that there will be the release of flash inflation estimate for Europe in October which is estimated to still increase. High high European inflation figures can be a negative sentiment for tomorrow's movement.

Binaartha Sekuritas assesses that the stocks that investors can look out for include TLKM, ELSA, ASII, and ESSA.