IHSG Projected to Decline Further, Consider Five Recommended Stocks with Profit Potential Selected by Analysts

Jakarta — The Indonesian Composite Stock Index (IHSG) is expected to experience continued decline during Friday, 27 February 2026 trading. Previously, the IHSG closed sharply lower by 1.04 per cent at the 8,235.26 level.

Binaartha Sekuritas analyst Ivan Rosanova stated that the IHSG has broken below the 8,252 area, confirming the continuation of correction subwave ii. Ivan predicts the correction will move towards the nearest support point.

“(IHSG) has the potential to test the 8,000–8,075 area as an ideal target,” said Ivan in his daily research, Friday, 27 February 2026.

Ivan also sees an opportunity for a rebound to initiate rally subwave iii. This scenario will materialise immediately if the daily closing of the IHSG remains above 7,898.

The IHSG support points are located at the 8,074, 7,989 and 7,835 levels. Meanwhile, resistance points are at 8,269, 8,363, 8,527 and 8,812.

Furthermore, Ivan forecasts that several listed companies will demonstrate solid performance during today’s trading. Below are five recommended stocks with profit potential that merit investors’ attention.

PT Indofood Sukses Makmur Tbk (INDF)

— Recommendation: Buy on Weakness

— Buy Zone: 6,350–6,450

— Price Target: 7,000

PT Japfa Comfeed Indonesia Tbk (JPFA)

— Recommendation: Trading Buy

— Buy Zone: 2,200–2,270

— Price Target: 2,540

PT Merdeka Battery Materials Tbk (MBMA)

— Recommendation: Trading Buy

— Buy Zone: 750–780

— Price Target: 880

PT Merdeka Copper Gold Tbk (MDKA)

— Recommendation: Trading Buy

— Buy Zone: 3,410–3,510

— Price Target: 3,800

PT Unilever Indonesia Tbk (UNVR)

— Recommendation: Buy on Weakness

— Buy Zone: 2,010–2,090

— Price Target: 2,420