IHSG Kembali Sentuh New ATH Intraday di Level 7.650-an
IHSG kembali mencetak rekor new ATH intraday di 7.657 dan ditutup +0,37% ke 7.625,83 sesi I Rabu (28/8/2024). Sektor properti +3,59%, PANI +11,65%, CTRA +5,77%, BSDE +5,62%. Saham properti menguat di tengah aturan baru beli rumah bebas PPN 100% diperpanjang hingga Desember 2024. Saham group Prajogo Pangestu ikut melejit BREN +3,57%, CUAN +13,15%, BRPT +9,01% dan PTRO +19,83%.
Category
📺
TVTranscript
00:00Thank you for joining us and in this segment, we will review how the trade is going throughout the day and we remind you again, you can still participate in our interactive WhatsApp at 0812 at 8788 at 3723 as shown on your television screen later.
00:23And today, we are connected via Zoom with Mr. Dharma Putra Hendi Santoso, branch manager of JUC Sudirman.
00:30Let's get to know each other. Good evening, Mr. Hendi. How are you?
00:34Good evening, sir.
00:36Thank you, Mr. Hendi, for taking the time to be on the IDA channel.
00:40Indekargasam Kabungan seems to be doing well today, sir.
00:44A new all-time high record has been created, even trying to get closer to the level of 7,700.
00:51How do you see the movement of Indekargasam Kabungan, which has experienced significant strengthening in the last few weeks?
01:00Okay, thank you for the question.
01:03In my opinion, for IHSG, what is the strengthening like?
01:08For IHSG, it is still on track to reach my target of 7,800 to 7,850.
01:17As for the problem of whether it is still okay or not, I think it is still okay from my point of view for IHSG.
01:277,800 to 7,850 is the target until the end of the year, Mr. Hendi, or for some time in the future?
01:35Okay, my target is only around September.
01:43What are the indicators, especially from a technical point of view, Mr. Hendi?
01:47From a technical point of view, we can see that there are no signs of weakening from IHSG.
01:59Yesterday, IHSG was supported by the big banks. Today, IHSG is supported by Samsam Property and Samsam from Prajago Pangestu.
02:07How is it possible to reach 7,800?
02:13My initial target was only 7,570 in terms of Fibonacci Golden Ratio.
02:20My second target, from Fibonacci Target 2382, was around 7,845.
02:28So I can conclude that 7,800 to 7,850 can be my reference point.
02:36If we look at the indicators, it is still very uptrending.
02:42Okay, you said this is the target until September.
02:45Coincidentally, the FED will hold a meeting again in September.
02:49Do you see, Mr. Hendi, the position of IHSG is already priced in?
02:54When the FED holds a meeting, will IHSG continue to experience strength or will it depend on the future?
03:06How many meetings will be held?
03:10Okay.
03:11If we look at what has happened historically since the FED held a meeting,
03:21we can see that the market will be corrected first.
03:27Why?
03:28Because if the market has risen and there is no correction, it is not reasonable.
03:34Even if there is a correction, it is a healthy correction, in my opinion.
03:40So if the FED is really cut, it means it is already priced in.
03:47Because this shows the enthusiasm of the market.
03:52Where the market has positively assumed that the FED will reach its peak in September.
04:01The optimism is very high.
04:03Okay.
04:04In the short term, where is the direction of the IHSG movement?
04:08At least until the end of the week, support and resistance.
04:11The closest that can be observed.
04:13Okay, fine.
04:14For the IHSG movement, in the short term, until next week, support is at 7,500 to 7,573.
04:27With the closest resistance at 7,700 to 7,800.
04:32And the last at 7,850.
04:35Like that.
04:37Mr. Hendy, you also mentioned earlier that the property sector is quite strong today.
04:42Its strength is significant and far behind several other sectors.
04:46Especially at the closing of the first session this afternoon.
04:49On the sentiment side, we also explained earlier that there is a new rule.
04:53The extension of the Government's 100% PPN DTP will be continued until December.
05:01For the 100% PPN DTP.
05:04And the perception of the extension of the PPN DTP seems to be another factor.
05:12What is your analysis for the property sector until the end of the year?
05:18For the property sector until the end of the year, I think it will still be very bullish.
05:23Because with the extension of the PPN DTP,
05:27the market will be more attractive.
05:34It will be more visible.
05:36Okay, let's put it again, this is the property sector.
05:38And we see that from many sectors that have been running,
05:43only the property sector hasn't run yet.
05:46Since 2021, there has been technology, energy, infrastructure.
05:53For the property sector, even when it was corrected yesterday,
05:58there was already a limit.
06:00It didn't really go down.
06:02So if it's really cut now,
06:05this is a positive sentiment for the property sector.
06:10Then it will be added to the PPN DTP that will be handled by the government.
06:17Okay, we will try to review from a technical point of view.
06:20Pani, first of all, today it's quite fast compared to some other property emitters.
06:27However, at the end of the second session, the strength is more limited.
06:30Intradea today touched 7825.
06:33What is your analysis for Pani?
06:37Okay, at the moment, for Pani, there is an incentive to make a profit.
06:42That's very normal.
06:44Because the increase in the past two days has been very high.
06:48But is Pani finished?
06:50In my opinion, this is only a temporary profit.
06:55The current support for Pani is around Rp6,150 to Rp6,000.
07:02That's for the strength support.
07:04While for resistance, it's around Rp8,000 to Rp8,700.
07:10What is the recommendation, Mr. Hendy?
07:15For the recommendation, I'm still for buying.
07:21But not in the area of Rp7,000.
07:23Maybe let him correct first.
07:25Let him calm down first.
07:27Then he will continue the increase.
07:30Is there a level that is recommended to take a position?
07:34Or is it already profit-taking to buy back for Pani?
07:39Okay.
07:40For the level, I see it's Rp6,150.
07:45That's a strong support, Rp6,150 to Rp6,000.
07:49For the minor support, maybe for those of you who have taken profit,
07:54maybe you can look back when Pani was around Rp6,400.
07:59Okay.
08:00Today's closing at Rp7,000.
08:03Strengthened at 5.26% intraday.
08:06Strengthened at 11% intraday.
08:08And the highest intraday was at Rp7,825.
08:11And again, the decision to invest is still in the hands of Pemirsa ADA Channel.
08:15The recommendation for other property stocks, let's go to CTRA.
08:19Today's closing at Rp13,080.
08:23Strengthened at 6%.
08:25What is the analysis for CTRA?
08:29For CTRA, it's very good.
08:32Because before it increased, it had a sideways.
08:36The sideways was able to break out from Rp1,350.
08:42So, we can see that the current strong support is at Rp1,350 to Rp1,320.
08:51That's the strong support area.
08:54So, if we want to make a cut loss, it's below Rp1,320.
09:00Like that.
09:01Okay, today's closing at Rp13,080.
09:04Strengthened at 6.15%.
09:07I will try to look at another property stock.
09:10Today, the next significant is BSDE.
09:12Strengthened at 7.63%.
09:14At Rp13,040.
09:16And it's the right place to close at the highest intraday level today.
09:21The next strengthening area for BSDE.
09:25For the next strengthening area for BSDE,
09:28BSDE still has a chance to go to Rp1,500.
09:33Right now, BSDE is parked at Rp1,340.
09:38It's the right place.
09:40So, to make a purchase in this area is quite risky.
09:44I recommend that if you want to buy back for BSDE,
09:52it's around Rp1,270 to Rp1,250.
09:57With a cut loss area below Rp1,250.
10:00With some positive sentiment for the property,
10:04what is your target for BSDE until the end of the year?
10:07My target for the end of the year for BSDE is to reach the last high.
10:15Before it's corrected, it's around Rp1,600 in July 2019.
10:22Okay, today's closing at Rp1,340.
10:26The next target price is Rp1,600 for BSDE.
10:30And again, the investment decision is still in the hands of IDH Channel.
10:35Mr. Hendi, while waiting for the closing update in the second session,
10:39let's move to Samsung Group Rayo Go Pangestu.
10:44It looks like it's been quite a long time.
10:46Mr. Hendi, the dominance of Samsung Group Rayo Go Pangestu has disappeared.
10:49Then today, it looks like Samsung has experienced significant strengthening again.
10:54What is your analysis for Samsung Group Rayo Go Pangestu?
10:59For Samsung Group Rayo Go Pangestu, such as Brand, TPIA,
11:03at first, they were still consolidated well in the last one or two weeks.
11:10I often notice, like you,
11:13the consolidation in the area of Rp8,000 to Rp8,300 with low volume technically is very interesting.
11:20So, today, it broke out and touched the highest area of Rp9,500.
11:27And today, the closing is at Rp9,375.
11:31So, for Cuan, the support area is around Rp8,425.
11:44With resistance at Rp10,000.
11:48Okay.
11:50Next, for PTRO, today's PTRO is at Rp10,725.
12:02For PTRO, the closest support is at Rp10,000.
12:09With resistance at around Rp11,800.
12:15That's my target.
12:16Okay. Mr. Hendy, in short, how do you see the strengthening for Samsung Group Rayo Go Pangestu today?
12:22Will this only happen from a technical point of view,
12:26only in a short period of time,
12:28or from a technical point of view, it can be seen that this condition will continue for some time in the future?
12:33Okay.
12:35For me to see Samsung Group Rayo Go Pangestu,
12:39we see that the brand is actually in the Footsie Index,
12:46which is a positive sentiment for the brand that has been followed.
12:52At first, the brand almost entered the Footsie Index at the end of July or June,
12:59so the brand entered the FCA,
13:02so today it was reviewed again.
13:05Last Monday, there was an announcement,
13:08so at the end of this month or in the middle of next month,
13:14there will be a rebalancing for the Footsie B Brand, like that.
13:18So in my opinion, for PTRO, in my opinion, this is only temporary strengthening.
13:28Okay, good.
13:30Analysis from Samsung Group Rayo Go Pangestu,
13:32which today became a supporter of the strengthening of the Footsie Index,
13:36and again, the decision to invest is still in the hands of the IDF.