The Composite Stock Price Index (IHSG) is poised to continue rising toward nearly 7,500 in Friday's trading session on April 10, 2026. Binaartha Sekuritas analyst Ivan Rosanova stated this following the index's 0.39 percent gain to 7,307.58 on Thursday.
The IHSG closed above its SMA-20 line on Thursday and could break the 7,323 fractal today, according to Ivan Rosanova. "The upward trend could continue further to 7,497, provided there is no correction below the 6,990 level," he stated in his daily research on Friday.
Nearest support levels are at 6,990, followed by 6,900, 6.744, and 6.587. Resistances stand at 7.436, 7.677, and 7.856.
Ivan recommended five potential stocks for investors. These include PT Adaro Andalan Indonesia Tbk (AADI) with a buy on weakness at 9,300-9,450 targeting 12,000; PT Sumber Alfaria Trijaya Tbk (AMRT) take profit at 1,545; and PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) speculative buy at 3,050-3,100 aiming for 3,440.
Other picks are PT Barito Pacific Tbk (BRPT) buy at 1,500-1,600 targeting 2,070, and PT Charoen Pokphand Indonesia Tbk (CPIN) trading buy at 4,250-4,330 up to 4,640.