Pic. showing NEPSE Candle Stick Chart of 10^th Chaitra

Current Market Price (CMP): 1,134.80

OHLC update of 10^th Chaitra:

O: 1140.60
H: 1142.14
L: 1131.02
C: 1134.80
 

Daily Pivot Table for 11^th Chaitra

Monthly Pivot Table:

Weekly Pivot Table:

Turnover Update:

            Turnover of 10^th Chaitra: 23.24 Crores

            Turnover of 7^th Chaitra: 17.87 Crores

Commentary:

• 1. CMP of 10^th Chaitra is below the daily pivot of 11^th Chaitra 1,135.99 which is also below  weekly pivot of 1140.53 and monthly pivot 1,140.24
• 2. Today only the hydropower sector has remained positive by 1 points of NEPSE index.
• 3. All the other sectors have today remained negative.

Top 5 Turnovers:

                                                                      Pic. Sensitive Candle Stick Chart of 10^th Chaitra

Analysis:

• 1. Today market again remained negative like as the last traded day but today we can see a little improvement in the turnover which has increased.  This also states that the market is still following Bearish trend.
• 2. As per our analysis we can see that the CMP of today has remained under 11^th Chaitra pivot, observing the down trend of the market we can see that the market may get around the monthly pivot.
• 3. Looking at the past three days candle sticks we can say that it’s “Identical Three Crows” pattern.
• 4. This shows that the new investors are favored by the market; they have a leverage to wait some more days before investing as market is taking the down trend.