Flooring Guide by Cinvex – JAKARTA – The Jakarta Composite Index (IHSG) concluded the previous week on a corrective note. Over the trading days of March 25-27, the benchmark index experienced a marginal decline of 0.14%, settling at 7,097.
Analyzing the market’s performance, the MNC Sekuritas Research Team highlighted that despite the IHSG’s 0.94% correction at Friday’s (March 27) market close, significant selling pressure persisted. From a technical perspective, the IHSG’s current positioning is believed to be within wave (v) of wave [c] of wave A on the black label. This technical outlook suggests the index remains vulnerable to further downward correction, potentially revisiting the 6,745-6,887 range.
“In the best-case scenario, the IHSG has successfully completed wave A on the blue label, thereby positioning itself to extend its upward trajectory towards the 7,450-7,779 levels,” articulated MNC Sekuritas in their daily research, as quoted on Saturday (March 28, 2026).
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Looking ahead to Monday’s trading session (March 30, 2026), MNC Sekuritas has featured several prominent stocks, including CUAN, DSNG, UNTR, and AMRT, within their latest list of stock recommendations.
PT Petrindo Jaya Kreasi Tbk. (CUAN) shares concluded Friday’s session (March 27) with a solid 2.22% gain, reaching Rp1,150, though it still contended with prevailing selling pressure. MNC Sekuritas advises a “buy on weakness” strategy for CUAN. Technically, the stock’s movement, an affiliate of Prajogo Pangestu, is anticipated to be nearing the completion of wave 5 of wave (C) of wave [A].
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The recommended “buy on weakness” entry range for CUAN is set between Rp1,040 and Rp1,125, with target prices at Rp1,474 and Rp1,745. The brokerage has placed a stop-loss level below Rp995 to manage potential downside risks.
Moving on, shares of PT Dharma Satya Nusantara Tbk. (DSNG) also received a “buy on weakness” recommendation, with an entry range of Rp1,560-Rp1,590. Target prices for DSNG are established at Rp1,670 and Rp1,745, while a stop-loss is advised below Rp1,530. This stock, associated with the TP Rachmat conglomerate through the Triputra Group, advanced by 4.58% to Rp1,600 during its most recent trading session.
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“DSNG demonstrated strength, rising 4.58% to Rp1,600, a move supported by notable buying volume. We project DSNG’s current position to be part of wave C of wave (B),” the securities firm elaborated.
MNC Sekuritas further extended its recommendations to include PT United Tractors Tbk. (UNTR), proposing a “buy on weakness” approach within the Rp29,475-Rp30,350 range. The target prices for UNTR are set at Rp31,300 and Rp32,000, with a stop-loss level below Rp29,075.
On Friday (March 27), UNTR experienced a correction of 0.65%, closing at Rp30,600, a movement accompanied by a resurgence of selling pressure. Technically, UNTR’s current position is projected to be part of wave (iii) of wave [v].
Finally, MNC Sekuritas issued a “sell on strength” recommendation for PT Sumber Alfaria Trijaya Tbk. (AMRT), the publicly listed company managing the Alfamart retail chain. AMRT saw a slight dip of 0.34%, closing at Rp1,455 on Friday (March 27). Investors are advised to consider selling AMRT at its peak strength, estimated to be within the Rp1,470-Rp1,520 range.
“AMRT corrected by 0.34% to Rp1,455, despite the presence of buying volume. We anticipate AMRT’s position is currently within wave [v] of wave 5 of wave (C), suggesting it remains susceptible to further correction, potentially testing the Rp1,160-Rp1,345 levels,” the brokerage concluded, emphasizing the cautious outlook.
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