KSI Technical Recommendation 05 November 2026
November 05, 2026
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.