JCI Projected to be Vulnerable to Plunge to 6,700 Level, Check 5 Analyst's Recommended Stocks
The Jakarta Composite Index (JCI) is projected to continue its correction during today’s trading session on Monday, 27 April 2026. Previously, the JCI closed down 3.38 percent at 7,129.49 ahead of the weekend. Analyst Ivan Rosanova from Binaartha Sekuritas stated that the JCI appears set to fill the next gap at 7,022-7,118 after breaking below the 7,244 support on Friday, 24 April 2026. If the daily close remains above 7,042, a rebound is expected to occur soon. “However, there is a possibility of forming wave v towards 6,727 if the daily close is below 7,042,” Ivan explained, quoted from his daily research on Monday, 26 April 2026. The JCI’s support points are at 7,042, 6,838, and 6,727, while resistance levels are at 7,277, 7,403, and 7,582. Ivan highlighted several promising issuers for investors to watch. Here are the recommended stocks with solid performance prospects for today’s trading session. PT Astra International Tbk (ASII) - Recommendation: Buy on Weakness - Buy area: 5,900-6,100 - Target price: 6,625 PT Bank Negara Indonesia (Persero) Tbk (BBNI) - Recommendation: Hold - Target price: 3,970 PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Recommendation: Hold - Target price: 3,280 PT Pertamina Geothermal Energy Tbk (PGEO) - Recommendation: Buy on Weakness - Buy area: 950-980 - Target price: 1,055 PT Telekomunikasi Indonesia Tbk (TLKM) - Recommendation: Buy on Weakness - Buy area: 2,500-2,600 - Target price: 2,880