JCI Projected to Consolidate After Plunge, These 5 Stocks Ready to Soar

Jakarta - The Composite Stock Price Index (JCI) is projected to consolidate after experiencing a sharp correction ahead of the weekend. The JCI closed down 2.19% at 7,026.78 at the end of trading on Thursday, 2 April 2026.

Binaartha Sekuritas analyst Ivan Rosanova stated that the JCI failed to continue its gains from Wednesday, 1 April 2026. As a result, the index remains below the Fibonacci resistance of 7,268.

“Consolidation may continue if the JCI does not fall below 6,945. Conversely, the previous downtrend may resume if that level is breached,” Ivan said, quoted from his daily research on Monday, 6 April 2026.

The JCI’s support levels are at 6,945, 6,900, 6,744, and 6,587. Meanwhile, resistance levels are at 7,268, 7,436, 7,765, and 8,098.

Furthermore, Ivan revealed several promising stocks for investors and traders to watch. Here are five recommended stocks projected to perform solidly in today’s trading session, Monday, 6 April 2026.

PT Kalbe Farma Tbk (KLBF)

• Recommendation: Trading Buy

• Buy area: 905-930

• Target price: 1,035

PT Merdeka Battery Materials Tbk (MBMA)

• Recommendation: Trading Buy

• Buy area: 660-700

• Target price: 800

PT Merdeka Copper Gold Tbk (MDKA)

• Recommendation: Buy on Weakness

• Buy area: 2,850-2,950

• Target price: 3,470

PT Bukit Asam Tbk (PTBA)

• Recommendation: Trading Buy

• Buy area: 2,880-2,900

• Target price: 3,130

PT Unilever Indonesia Tbk (UNVR)

• Recommendation: Trading Buy

• Buy area: 1,840-1,890

• Target price: 2,040