Market Watch: Apply the short-term trading strategy, buy ITMG, AALI

JAKARTA: Investors are suggested for short-term trading as global uncertainty will potentially lead to a highly fluctuating Jakarta Composite Index (JCI).Reliance Securities said that investors still need to anticipate news from US government following
News Editor
News Editor - Bisnis.com 21 Juli 2011  |  00:19 WIB

JAKARTA: Investors are suggested for short-term trading as global uncertainty will potentially lead to a highly fluctuating Jakarta Composite Index (JCI).Reliance Securities said that investors still need to anticipate news from US government following the agreement on budget deficit cut."Optimism of US parliament over defisit reduction proposal will sens positive sentiment to the market. Investors shall employ short-term trading strategy while the index may head to the next target at 4,093. The index's support level is at 4,003," the securities company said. It recommends AALI, INTP, LSIP, and TINS. Meanwhile, e-Trading Securities brings in more optimistic view as it sets the support-resistance levelat 4,005-4,072 but carefully monitors the profit taking at the market. It recommends shares like ITMG, PGAS, and SMGR.The index was closed 0.67% higher at 4,050.63 yesterday, helped by relatively big trading volume. (NOM)

Simak berita lainnya seputar topik artikel ini, di sini :

Editor : Muhammad Fariz Aulia

Berita Terkait



Berita Terkini Lainnya



Top