Gotrade News - The Jakarta Composite Index (JCI) continued its decline, closing down by 0.61% at 7,048.22 on Tuesday (March 31, 2026). JCI is predicted to remain at risk of correction within the range of 6,745-6,849 on Wednesday, a concern for investors. With JCI in a downtrend phase, it's crucial to identify which stocks may offer profits or losses.
Key Takeaways:
- JCI at risk of correction between 6,745-6,849.
- Selected stocks include BBCA, HRUM, and TINS.
- Buying opportunity in BRPT and EXCL stocks.
The pressured JCI, coupled with selling pressure, underscores the need for smart strategies from investors. Analysts from PT MNC Sekuritas believe JCI remains in wave (v) of wave [c], suggesting further correction. Meanwhile, PT Pilarmas Investindo Sekuritas holds optimism that JCI could strengthen, with resistance at the 7,240 level.
Stock recommendations from PT MNC Sekuritas advise monitoring PT Bank Central Asia Tbk (BBCA), as it remains appealing despite its downtrend phase. BBCA shares are trading in the support area of IDR 5,975 and resistance at IDR 6,800. The wave position in BBCA suggests a buying opportunity when prices weaken.
Additionally, stocks of PT Harum Energy Tbk (HRUM) and PT Jafpa Comfeed Tbk (JPFA) are also facing selling pressure, drawing investor attention for a 'buy on weakness'. While HRUM appears corrected but supported by MA200, JPFA remains above MA20, offering short-term buying opportunities.
Meanwhile, shares of PT XL Axiata Tbk (EXCL) and PT Barito Pacific Tbk (BRPT) are chosen by PT Pilarmas Investindo Sekuritas. These stocks are considered due to their potential for uplift based on technical analysis and daily trends.
Market uncertainty calls for investors to exercise more caution, paying attention to support and resistance levels and considering global sentiments that may affect the JCI. Although the market shows pressure, profit opportunities still abound for those ready to take prudent risks.
Reference:
- Liputan6, Prediksi IHSG dan Rekomendasi Saham Hari Ini 1 April 2026. Accessed on April 1, 2026
- Kompas, Deretan Saham Layak Dicermati Rabu 1 April, Saat IHSG Melemah. Accessed on April 1, 2026
- Kompas, Net Sell Asing Rp 1,28 Triliun Seret IHSG ke Zona Merah. Accessed on April 1, 2026
Featured Image: GPT Image 1.5
