KSI Technical Recommendation 06 November 2026
November 06, 2026
Jakarta Composite Index
JCI closed 2.25% higher at 5,030.26 on Thursday (11/05/26), although foreign investors still recorded net sell of Rp25.48 billion in the regular market and Rp65.53 billion across all markets. On a YTD basis, accumulated foreign net sell reached Rp127.26 trillion. Technically, JCI strengthened again and is within the short-term trend line. JCI still has the chance to continue to the nearest resistance at 5,072 / 5,129 (EMA10) and 5,143. In addition, anticipating a correction, JCI could test the nearest support at 4,980 / 4,907 / 4,824 again. Investors are advised to remain cautious and wait for clear signal confirmation.
ADVISE: Wait & see; Buy on weakness or accumulation buy.
Stockpick: AMRT, ARCI, NCKL, UNTR.