KSI Technical Recommendation 30 September 2026

September 30, 2026
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Jakarta Composite Index JCI closed down 0.43% at 6,121.70. Throughout Tuesday's (29/09) trading, foreign investors booked a net sell in the regular market of Rp536.70 billion, with accumulated YTD net sell reaching Rp105.63 trillion. Technically, after touching its support, JCI managed a technical rebound. RSI (14) fell to 31, nearing oversold territory, indicating fairly strong bearish momentum while at the same time reopening the possibility of a technical rebound if selling pressure begins to ease. If JCI weakens again, the decline could once again test 6,033.38 (FR 61.80%) and 5,987. Conversely, if it manages to strengthen and break out above the 6,150 level, it could return to the 6,186 level, then 6,227 – 6,241. KIWOOM RESEARCH sees an opportunity for buy on weakness and remains cautious should pressure continue. ADVISE: Buy on weakness. Stockpick: AMRT, DSSA, INKP, ISAT.