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Prospects for IHSG Strengthening to Break Through 7,400 Are Open! Analysts Recommend These 5 Stocks

| Source: VIVA Translated from Indonesian | Finance
Prospects for IHSG Strengthening to Break Through 7,400 Are Open! Analysts Recommend These 5 Stocks
Image: VIVA

Jakarta, VIVA - The Composite Stock Price Index (IHSG) is projected to continue its rise during Thursday’s trading session, 2 April 2026. Previously, the IHSG strengthened by 1.93% to the level of 7,184.43.

Analyst from Binaartha Sekuritas, Ivan Rosanova, stated that the IHSG is currently in a consolidation phase if it remains below the Fibonacci resistance of 7,268. Meanwhile, a breakthrough above the nearest resistance point will push the domestic index to exceed the 7,400 area.

“A breakthrough above 7,268 will provide an opportunity to test the resistance at 7,436 and also the 20-day SMA line on the daily chart,” Ivan revealed in his daily research on Thursday, 2 April 2026.

Ivan has set the IHSG resistance points at the areas of 7,268, 7,436, 7,765, and 8,098. Meanwhile, support points are at levels of 6,945, 6,900, and 6,744.

In the research, Ivan also revealed several promising issuers that are attractive for investors to monitor. Here are five stock recommendations predicted to perform solidly in today’s trading session.

PT Adaro Andalan Indonesia Tbk (AADI)

  • Recommendation: Buy on Weakness

  • Buy area: 9,300-9,450

  • Target price: 12,000

PT Alamtri Resources Indonesia Tbk (ADRO)

  • Recommendation: Hold

  • Target price: 2,770

PT Barito Pacific Tbk (BRPT)

  • Recommendation: Speculative Buy

  • Buy area: 1,150-1,210

  • Target price: 1,610

PT Indofood CBP Sukses Makmur Tbk (ICBP)

  • Recommendation: Speculative Buy

  • Buy area: 6,900-7,050

  • Target price: 7,500

PT Vale Indonesia Tbk (INCO)

  • Recommendation: Buy on Weakness

  • Buy area: 5,250-5,450

  • Target price: 6,150

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