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JCI Projected to Rebound, Analyst Reveals 5 Potential Profitable Stocks

| Source: VIVA Translated from Indonesian | Finance
JCI Projected to Rebound, Analyst Reveals 5 Potential Profitable Stocks
Image: VIVA

The Jakarta Composite Index (JCI) is projected to rebound and strengthen during Tuesday’s trading session on 31 March 2026. The index closed down 0.08% at 7,091.67. Analyst Ivan Rosanova from Binaartha Sekuritas stated that the JCI will test the Fibonacci resistance at 7,129. He added that the crucial resistance level remains at 7,436, so as long as it stays below that level, the index remains vulnerable to continuing its previous downward trend. “Potential rise to 7,268 if it successfully breaks above it (7,129),” Ivan said, as quoted in his daily research on Tuesday, 31 March 2026. Ivan sets the JCI support points at the 6,900, 6,744, and 6,587 areas. Meanwhile, resistance points are at 7,179, 7,436, 7,765, and 8,098. Furthermore, Ivan revealed several issuers with potential to show solid performance in today’s trading session. Here are the recommended potentially profitable stocks that are worth monitoring for investors. PT Bank Negara Indonesia (Persero) Tbk (BBNI) - Recommendation: Buy on Weakness - Buy area: 3,510-3,610 - Target price: 3,970 PT Bumi Resources Tbk (BUMI) - Recommendation: Hold - Target price: 232 PT Charoen Pokphand Indonesia Tbk (CPIN) - Recommendation: Buy on Weakness - Buy area: 3,700-3,800 - Target price: 4,220 PT Japfa Comfeed Indonesia Tbk (JPFA) - Recommendation: Hold - Target price: 2,590 PT Perusahaan Gas Negara Tbk (PGAS) - Recommendation: Buy on Weakness - Buy area: 1,800-1,820 - Target price: 2,050

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