Caution! JCI Projected to Fall to 6,400 Level, Check Out 5 Potential Profitable Stock Recommendations from Analysts
The Jakarta Composite Index (JCI) has the potential to continue its decline during Friday’s trading session, 27 March 2026. The JCI closed down 1.89% at 7,164.09. Analyst Ivan Rosanova from Binaartha Sekuritas stated that the correction trend will persist if the index breaks below the 7,057 level. However, if the weekly close on Friday remains above 7,140, there is potential for the JCI to return to a positive trend next week. “The JCI is estimated to continue its previous downward trend towards 6,744, which is the Fibonacci projection target,” said Ivan, quoted from his daily research on Friday, 27 March 2026. Ivan sets the JCI support points in the areas of 7,057, 6,900, 6,744, and 6,587. Meanwhile, resistance points are at levels 7,436, 7,765, and 8,098. Several issuers are projected to perform positively in today’s trading session. Here are Ivan’s selected stock recommendations that are worth monitoring for investors. PT Alamtri Resources Indonesia Tbk (ADRO) - Recommendation: Hold - Target price: 2,770 PT Sumber Alfaria Trijaya Tbk (AMRT) - Recommendation: Trading Buy - Buy area: 1,350-1,370 - Target price: 1,640 PT Bank Mandiri (Persero) Tbk (BMRI) - Recommendation: Hold - Target price: 5,200 PT Barito Pacific Tbk (BRPT) - Recommendation: Speculative Buy - Buy area: 1,150-1,210 - Target price: 1,610 PT Elang Mahkota Teknologi Tbk (EMTK) - Recommendation: Hold - Target price: 945