KSI Technical Recommendation 01 October 2026
October 01, 2026
Jakarta Composite Index
JCI closed down 0.83% at 6,071.14 in Wednesday's (30/09) trading, with foreign investors recording a net sell of Rp1.56 trillion in the regular market, bringing accumulated YTD net sell to Rp107.18 trillion. Technically, JCI is still moving within its down channel, with RSI (14) falling to 29.8, entering oversold territory. If JCI weakens again, the decline could once again test 6,033.38 (FR 61.80%) and 5,987, and could continue to the 5,898 level if that breaks. Conversely, if it manages to strengthen, it could retest the 6,150 level, then 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: AKRA, BUKA, EMAS, WIFI.