Analyst Projects IHSG to Rise and Break 7,700 Level, Check Out 5 Potential Profitable Stock Recommendations
The Composite Stock Price Index (IHSG) is expected to continue its rise during the trading session on Thursday, 26 March 2026. Previously, the IHSG strengthened significantly by 2.75 per cent to 7,302.12.
Analyst from Binaartha Sekuritas, Ivan Rosanova, sees an opportunity for the index to surge towards the resistance point at the 7,765 level. On one hand, he also projects the potential for a correction to the 6,744 area if the IHSG remains below 7,436.
“(The upward trend occurs) if (the IHSG) successfully breaks above 7,436 as the nearest resistance,” said Ivan in his daily research on Thursday, 26 March 2026.
Ivan also sets the IHSG support points in the areas of 6,900, 6,744, and 6,587. Meanwhile, the resistance points are at levels 7,436, 7,765, and 8,098.
Furthermore, Ivan reveals several issuers predicted to have solid performance. Here are the recommended stocks that are attractive for investors to monitor.
PT Adaro Andalan Indonesia Tbk (AADI)
Recommendation: Trading Buy
Buy area: 10,000-10,800
Target price: 11,425
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI)
Recommendation: Hold
Target price: 3,630
PT Merdeka Battery Materials Tbk (MBMA)
Recommendation: Hold
Target price: 800
PT Merdeka Copper Gold Tbk (MDKA)
Recommendation: Buy on Weakness
Buy area: 2,850-2,950
Target price: 3,650
PT Bukit Asam Tbk (PTBA)
Recommendation: Trading Buy
Buy area: 3,000-3,050
Target price: 3,180