IHSG Chance Rising Today

Combined Stock Price Index is projected to be raised on sale Tuesday (20 / 10).

The tech analyst MNC Securities Herditya Wickana estimates that IHSG still has a chance of rising in the short run to test area 5.046-5.133.

However, investors need to alert the potential reversal direction that can bring corrected indexes to a range of 4,766-4.846.

"In a small time frame, IHSG is expected to be in the wave section iii of the wave. The reinforcement still stands for 5,046-5.133, but be aware of the course reversal to 4,766-4.846," Herdits in daily research.

Herditya projects IHSG moving in range of support 4,915, 4,754 and resistance 5.318, 5.563 today. He recommended a number of shares, which is AADI, ADRO, ANTM, and TAPG.

Meanwhile, the Binaartha Analyst Securities Ivan Rosanova estimates the stock index still potentially continues to replenish because the proclivities for corrections are expected to end.

Nevertheless, the odds of rebound are open if the index is able to survive above a 4,737 level at weekly closing, although the reinforcement is estimated limited.

"IHSG almost reached Fibonacci's target 200 percent at level 4.737 as a projection of the iii wave. If the weekly closure survives at a level of 4,737 or higher, the index is expected to rebound," Ivan says.

He predicted IHSG to move at a level of support 4.900, 4,767 and 4.629, and resistance 5.068, 5.167 and 5.328. Today. Ivan recommended a number of shares, which is INCO, JPFA, PGAS, and PGEO.

IHSG closed at level 4.996 on Monday's trade (19 / 10) afternoon. The stock index is down 188.49 points or minus 3.64 percent of the previous trade.

To quote RI Infokom, investors do a transaction of Rp25.06 trillion with a trading volume of about 33.93 billion shares and a frequency of transactions 1.61 million times.

At yesterday's closing, 656 shares corrected, 100 intensified, and 43 stagnant.

Editors record: This news was not made to recommend or not recommend specific shares. The investment decisions are fully in the hands of readers.