Current Market Price (CMP): 1155.46
OHLC update of 3rd Chaitra
O: 1155.50
H: 1165.35
L: 1155.46
C: 1161.45
Pivot Table for 4th Chaitra:
S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
1,146.27 | 1,150.86 | 1,156.16 | 1,160.75 | 1,166.05 | 1,170.64 | 1,175.94 |
Turnover:
Volume of 3rd Chaitra: NRs. 37.12 crores
Volume of 30th Falgun: NRs. 48.59 crores
Outlook:
- 1. CMP of today is higher than that of monthly pivot of 1,114.24, weekly pivot of 1146.63 and daily pivot of 1,160.75.
- 2. Today market remained positive at the end of the day making high of 1165.35 and low of 1155.46.
- 3. On 3rd Chaitra, Life Insurance increased by 45.84 points of NEPSE index.
- 4. Likewise Manufacturing and Processing increased by 35.41 points of NEPSE index.
Top 5 turnovers:
Scrips | Turnover | Closing Price |
SHINEP | 44,601,440 | 130 |
NIB | 29,331,517 | 540 |
NICA | 15,449,692 | 401 |
UPPER | 14,506,943 | 245 |
NLIC | 13,685,099 | 1113 |
Conclusion:
- 1. Though the market has managed to stay positive the volume has decreased.
- 2. It’s time for the investors to wait and watch for new investment.
- 3. We can observe that long term investors are not selling in the market.
- 4. Sellers are positive towards the market as they are hoping that the NEPSE index will be rising above, due to which they are waiting for the appropriate time to sell.
- 5. We can see that the demand in the market is high but the supply is really low due to which we can observe low transaction in the volume.
- 6. Especially in the banking sectors there is high demand and low supply.