The Composite Stock Price Index (IHSG) has the potential to rebound and test the range of 7,109–7,270 in today’s trading session on Wednesday (April 29, 2026). Several stocks, including BRIS, EMAS, INET, and TLKM, are highlighted in analysts’ recommendations. The MNC Sekuritas analyst team noted that IHSG declined by 0.48% to 7,072 in Tuesday’s session (April 28, 2026), with selling pressure still dominating despite a relatively lower trading volume.

From a technical perspective, MNC Sekuritas assesses that IHSG is currently positioned in wave [v] under the black label, or alternatively at the end of wave [b] within wave B under the red label. “The IHSG correction is expected to remain limited, testing levels around 6,983–7,009, while having the potential to strengthen in the short term toward 7,109–7,270,” wrote the MNC Sekuritas analyst team in its daily research report on Wednesday (April 29, 2026).

For today’s trading, IHSG support levels are estimated at 7,022 and 6,917, while resistance levels are projected in the range of 7,313 to 7,484. The stocks recommended by MNC Sekuritas include BRIS, EMAS, INET, and TLKM.

BRIS – Buy on Weakness
BRIS declined by 2.17% to 1,800 and remains under increasing selling pressure. It is estimated that BRIS is currently in the [iii] wave segment of wave 5.

Buy on Weakness: 1,670–1,765
Target Price: 1,830, 1,925
Stoploss: below 1,615

EMAS – Buy on Weakness
EMAS dropped 2.06% to 9,500, accompanied by selling pressure. It is currently estimated to be in wave 2 of wave (5).

Buy on Weakness: 8,675–9,475
Target Price: 10,325, 10,775
Stoploss: below 8,375

INET – Buy on Weakness
INET rose by 0.65% to 312 but is still dominated by selling pressure. In the best-case scenario, INET is currently positioned in wave [ii] of wave C under the black label.

Buy on Weakness: 290–304
Target Price: 346, 402
Stoploss: below 278

TLKM – Buy on Weakness
TLKM corrected by 0.35% to 2,820 and was accompanied by increasing buying volume. It is estimated that TLKM is currently in wave [v] of wave C.

Buy on Weakness: 2,640–2,750
Target Price: 2,960, 3,160
Stoploss: below 2,610

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