Analysts Predict Limited Strengthening of IHSG, Check Out 5 Potential High-Gain Stock Recommendations

The Composite Stock Price Index (IHSG) is projected to continue its strengthening trend during Thursday’s trading session, 30 April 2026. Previously, the IHSG recorded a 0.41 per cent increase to 7,101.22.

Binaartha Sekuritas analyst Ivan Rosanova stated that the IHSG moved in a consolidation tendency above the Fibonacci support of 7,042 throughout Wednesday’s trading, 29 April 2026. This condition, according to Ivan, indicates opportunities for strengthening towards the nearest resistance point.

“There is still potential for the IHSG to continue its limited increase towards 7,277,” Ivan revealed, quoted from his daily research on Thursday, 30 April 2026.

Nevertheless, Ivan urged investors to be wary of a potential reversal. This is because a weekly closing position below 7,042 could serve as a negative signal for next week’s trading.

The IHSG support points are in the areas of 6,942, 6,838, and 6,727. Meanwhile, resistance points are at levels of 7,277, 7,403, and 7,582.

Ivan disclosed potential high-gain issuers that are attractive throughout today’s trading session. Here are the stock recommendations worth monitoring for investors.

PT Vale Indonesia Tbk (INCO)

• Recommendation: Hold

• Target price: 7,300

PT Pertamina Geothermal Energy Tbk (PGEO)

• Recommendation: Buy on Weakness

• Buy area: 950-980

• Target price: 1,055

PT Bukit Asam Tbk (PTBA)

• Recommendation: Speculative Buy

• Buy area: 2,730-2,780

• Target price: 3,030

PT Telekomunikasi Indonesia Tbk (TLKM)

• Recommendation: Trading Buy

• Buy area: 2,650-2,720

• Target price: 2,880

PT Unilever Indonesia Tbk (UNVR)

• Recommendation: Speculative Buy

• Buy area: 1,370-1,410

• Target price: 1,685