KSI Technical Recommendation 05 November 2026

November 05, 2026
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Jakarta Composite Index JCI closed 0.32% higher at 4,919.77 in Wednesday's trading (11/04/26). Foreign investors recorded net buy of Rp264.64 billion in the regular market and Rp257.94 billion across all markets. However, accumulated foreign net sell on a YTD basis still reached Rp127.24 trillion. Technically, JCI managed to rebound after briefly moving volatile and weak. With a scenario of holding above 4,907 again, JCI could continue to the nearest resistance at 4,980 / 5,098 / 5,143. If JCI break down the 4,907 level again, JCI could continue toward the nearest support at 4,824 / 4,800 / 4,600 and 4,456 (FR 161.80%). Investors are advised to remain cautious and wait for clear signal confirmation. ADVISE: Wait & see or accumulation buy. Stockpick: EMAS, HRTA, ICBP, TOBA.