Caution! JCI Risks Falling to the 7,200s, Check 5 Potential Profitable Stock Recommendations from Analysts

Jakarta, VIVA - The Composite Stock Price Index (JCI) is estimated to correct further, reaching the 7,200 level during Tuesday’s trading session on 21 April 2026. The JCI’s latest position was at 7,594.11 after weakening by 0.52 percent at Monday’s market close on 20 April 2026. Analyst from Binaartha Sekuritas, Ivan Rosanova, stated that the JCI wave a could form 3 or 5 subwaves. However, the correction in wave b is expected to occur before the second rally in wave c. “The JCI has the potential to continue its correction towards 7,345 or even 7,244 if it starts breaking below 7,488,” Ivan explained in his daily research on Tuesday, 21 April 2026. Ivan sets the JCI support points in the areas of 7,488, 7,244, 7,042, and 6,838. Meanwhile, resistance points are at levels 7,856, 8,000, and 8,111. Furthermore, Ivan revealed issuers that have the potential to be solid in today’s trading session. Here are the recommended stocks with potential profits that are attractive for investors and traders to monitor. PT Bank Negara Indonesia (Persero) Tbk (BBNI) - Recommendation: Hold - Target price: 3,970 PT Bank Mandiri (Persero) Tbk (BMRI) - Recommendation: Buy on Weakness - Buy area: 4,300-4,400 - Target price: 4,600 PT Charoen Pokphand Indonesia Tbk (CPIN) - Recommendation: Hold - Target price: 4,640 PT Elang Mahkota Teknologi Tbk (EMTK) - Recommendation: Trading Buy - Buy area: 850-880 - Target price: 1,010 PT Vale Indonesia Tbk (INCO) - Recommendation: Hold - Target price: 7,300