IHSG Projected to Continue Rally, Check Out 5 Potential Profitable Stock Recommendations from Analysts

The Composite Stock Price Index (IHSG) has the potential to continue its strengthening during Thursday’s trading session, 9 April 2026. In the previous session, the IHSG soared, breaking through the 7,279.20 area after recording a drastic 4.42% increase.

Analyst from Binaartha Sekuritas, Ivan Rosanova, stated that the IHSG closed above the SMA-20 line as a dynamic resistance on the daily chart. If the daily close remains above that line, Ivan predicts the domestic index could reach the nearest resistance point.

“The IHSG has the potential to continue the positive trend to test resistance at 7,436,” Ivan said, quoted from his daily research on Thursday, 9 April 2026.

The IHSG support points are in the 6,900, 6,744, and 6,587 areas. Meanwhile, resistance points are at levels of 7,436, 7,677, and 7,856.

Ivan revealed potential profitable stock recommendations that are attractive for investors to monitor in today’s trading session.

PT Astra International Tbk (ASII)

• Recommendation: Accumulative Buy

• Buy area: 5,600-5,700

• Target price: 6,400

PT Vale Indonesia Tbk (INCO)

• Recommendation: Hold

• Target price: 6,475

PT Indah Kiat Pulp Paper Tbk (INKP)

• Recommendation: Buy on Weakness

• Buy area: 9,050-9,250

• Target price: 11,525

PT Indosat Tbk (ISAT)

• Recommendation: Trading Buy

• Buy area: 2,070-2,130

• Target price: 2,260

PT Kalbe Farma Tbk (KLBF)

• Recommendation: Trading Buy

• Buy area: 905-930

• Target price: 1,055