Senin, 15 Agustus 2011

Market Watch: Jakarta stocks to continue rally, buy GGRM, BBNI

JAKARTA: Jakarta Composite Index (JCI) is potentially to continue with its rally today on eased pressures from European debt and US economic issues.


Reliance Securities sets the index support at 3,849 and resistance close to 3,909. The securities company recommends 'buy' for ANTM, BBNI, GGRM, INKP, LSIP and TINS.

Similarly Minna Padi Investama also sees possibility for the index to further rally, at support-resistance level of 3,803-3,947. It recommends 'buy' for shares like MMPA, UNVR and INDF.

Sinarmas Sekuritas, yet, predicts fluctuation to take place in today's trading with tendency to strengthen to the level of 3,855-3,926. Shares to buy include BDMN, SMGR, CPIN, and INCO.

Meanwhile e-Trading Securities predicts the index to gain in limited range and move between 3,793-3,848. The company recommends CPIN, BBCA, and AALI. (NOM)

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