Analyst Projects IHSG to Fall to 6,700 Level, Check Stock Recommendations for Potential Gains Today
The Jakarta Composite Index (IHSG) is expected to continue its correction trend during Monday’s trading session, 30 March 2026. The index’s last position stood at 7,097.05 after a 0.94 per cent decline at the market close ahead of the weekend.
Analyst from Binaartha Sekuritas, Ivan Rosanova, stated that the IHSG will mark a shift in its internal structure. This projection will materialise if the index falls and breaches the area below 7,057.
“The IHSG has the potential to continue its previous downward trend to reach the 100 per cent Fibonacci projection target at the 6,744 level,” Ivan explained in his daily research on Monday, 30 March 2026.
The IHSG support points are in the areas of 7,057, 6,900, 6,744, and 6,587. Meanwhile, resistance points are at 7,436, 7,765, and 8,098.
Furthermore, Ivan revealed several potential high-performing stocks worth monitoring by investors. Here are Ivan’s selected stock recommendations projected to shine.
PT Indofood CBP Sukses Makmur Tbk (ICBP)
Recommendation: Speculative Buy
Buy area: 6,900-7,050
Target price: 7,500
PT Kalbe Farma Tbk (KLBF)
Recommendation: Trading Buy
Buy area: 905-945
Target price: 1,035
PT Pertamina Geothermal Energy Tbk (PGEO)
Recommendation: Take Profit
Target price: 1,040
PT Telekomunikasi Indonesia Tbk (TLKM)
Recommendation: Buy on Weakness
Buy area: 2,800-2,900
Target price: 3,410
PT Unilever Indonesia Tbk (UNVR)
Recommendation: Hold
Target price: 2,120