JCI Projected to Rebound: Check 5 Potential Profitable Stocks Recommended by Analysts
The Jakarta Composite Index (JCI) is projected to reverse direction and rise (rebound) during the trading session on Wednesday, 29 April 2026. Previously, the JCI closed down 0.48% at the level of 7,072.39.
Analyst from Binaartha Sekuritas, Ivan Rosanova, stated that the JCI has nearly fully filled the gap area. The closing position still above the Fibonacci support level of 7,042 opens room for the index to strengthen.
“There is potential for a rebound, although it remains limited as long as the JCI stays below 7,277,” Ivan explained in his daily research on Wednesday, 29 April 2026.
The JCI support points are at levels 6,942, 6,838, and 6,727. Meanwhile, resistance points are in the areas of 7,277, 7,403, and 7,582.
Furthermore, Ivan revealed several issuers that have the potential to record positive performance in today’s trading session. Here are the recommended stocks worth monitoring by investors.
PT Alamtri Resources Indonesia Tbk (ADRO)
Recommendation: Buy on Weakness
Buy area: 2,300-2,350
Target price: 2,530
PT Sumber Alfaria Trijaya Tbk (AMRT)
Recommendation: Speculative Buy
Buy area: 1,210-1,270
Target price: 1,440
PT Aneka Tambang Tbk (ANTM)
Recommendation: Buy on Weakness
Buy area: 3,720-3,820
Target price: 4,230
PT Bank Mandiri (Persero) Tbk (BMRI)
Recommendation: Buy on Weakness
Buy area: 4,200-4,300
Target price: 4,600
PT Charoen Pokphand Indonesia Tbk (CPIN)
Recommendation: Buy on Weakness
Buy area: 3,850-3,990
Target price: 4,500