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Analyst Projects IHSG to Rise and Break 7,700 Level, Check Out 5 Potential Profitable Stock Recommendations

| Source: VIVA Translated from Indonesian | Finance
Analyst Projects IHSG to Rise and Break 7,700 Level, Check Out 5 Potential Profitable Stock Recommendations
Image: VIVA

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

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