The Indonesia Composite Index (IHSG) is expected to potentially weaken in today’s trading session after closing the previous day with a gain of 1.41 percent at the level of 7,440.91.

However, yesterday’s trading session was also marked by foreign investors recording a net sell of Rp1.93 trillion. The stocks most heavily sold by foreign investors included BBRI, TLKM, BBNI, BUVA, and BRMS.

For today’s trading outlook, Head of Retail Research at BNI Sekuritas, Fanny Suherman, stated that the IHSG may experience another correction with support levels projected around 7,300 to 7,380, while resistance is estimated to be in the range of 7,500 to 7,560.

Based on this projection, Fanny selected six stock picks for today’s trading session, namely EMAS, BULL, MEDC, AADI, SCMA, and AMRT.

EMAS

Speculative Buy recommendation with a buying range between Rp7,900 and Rp8,000, with a cut-loss level below Rp7,725. The nearest target is projected to be between Rp8,125 and Rp8,300.

BULL

Speculative Buy recommendation with a buying range of Rp382 to Rp398, with a cut-loss level set below Rp376. The nearest target is estimated at Rp410 to Rp430.

MEDC

Buy if Break recommendation at the level of Rp1,730, with a near-term target in the range of Rp1,765 to Rp1,790. A cut-loss is advised if the price falls below Rp1,690.

AADI

Buy on Weakness recommendation with a buying range between Rp10,075 and Rp10,275, with a cut-loss level below Rp10,050. The nearest target is projected between Rp10,450 and Rp10,650.

SCMA

Buy on Weakness recommendation with a buying area between Rp230 and Rp240, with a cut-loss below Rp228. The short-term target is estimated between Rp252 and Rp268.

AMRT

Speculative Buy recommendation with a buying range between Rp1,420 and Rp1,435, with a cut-loss level below Rp1,400. The nearest target is projected between Rp1,465 and Rp1,500.