Indonesian Political, Business & Finance News

JCI Projected to Continue Correction to 6,744; See 5 Recommended Profitable Stocks Selected by Analysts

| Source: VIVA Translated from Indonesian | Finance
JCI Projected to Continue Correction to 6,744; See 5 Recommended Profitable Stocks Selected by Analysts
Image: VIVA

Jakarta - The Composite Stock Price Index (JCI) is projected to correct towards the support point during Wednesday’s trading session, 1 April 2026. Previously, the JCI weakened by 0.61% to the level of 7,048.22.

Analyst from Binartha Sekuritas, Ivan Rosanova, stated that the JCI’s movement tends to stay below the nearest resistance point at 7,179. Thus, it is vulnerable to dropping further as it still forms the target of wave (c) in the main scenario.

“It is necessary to anticipate the possibility of continuing the downward trend and heading towards the 6,744 level,” said Ivan, quoted from his daily research on Thursday, 1 April 2026.

The JCI’s support points are in the areas of 6,900, 6,744, and 6,587. Meanwhile, the resistance points are at levels 7,179, 7,436, 7,765, and 8,098.

Ivan also forecasted that several issuers have the potential to show positive performance in today’s trading session. Here are the recommended potential profitable stocks that are worth noting for investors.

PT Sumber Alfaria Trijaya Tbk (AMRT)

  • Recommendation: Trading Buy

  • Buy area: 1,350-1,370

  • Target price: 1,545

PT Aneka Tambang Tbk (ANTM)

  • Recommendation: Hold

  • Target price: 3,720

PT Astra International Tbk (ASII)

  • Recommendation: Accumulative Buy

  • Buy area: 5,850-6,000

  • Target price: 6,400

PT Bank Central Asia Tbk (BBCA)

  • Recommendation: Buy on Weakness

  • Buy area: 6,200-6,300

  • Target price: 6,850

PT United Tractors Tbk (UNTR)

  • Recommendation: Buy on Weakness

  • Buy area: 27,000-27,500

  • Target price: 32,000

Tags: bisnis
View JSON | Print