Market Watch of March 25

  4 min 37 sec to read
Market Watch of March 25

                                                 Pic. showing NEPSE Candle Stick Chart of 11th Chaitra

 

Current Market Price (CMP): 1,138.67

OHLC update of 11th Chaitra

O: 1134.80
H: 1139.78
L: 1131.82
C: 1138.67

 

Pivot Table for 12th Chaitra

 

S3

S2

S1

Pivot

R1

R2

R3

1,125.77

1,128.8

1,133.73

1138.67

1,141.69

1,144.72

1,149.65

 

Monthly pivot table:

S3

S2

S1

Pivot

R1

R2

R3

1,046.89

1,072.92

1,114.21

1,140.24

1,181.53

1,207.56

1,248.85

 

Weekly pivot table:

S3

S2

S1

Pivot

R1

R2

R3

1122.7

1132.57

1114.21

1140.53

1158.4

1164.49

1174.36

 

Turnover update:

Turnover of 11th Chaitra: 24.27 Crores

Turnover of 10th Chaitra: 23.24 Crores


Commentary:

  • 1. The CMP of 11th Chaitra is 1138.67 which lie exactly at the pivot of 12th Chaitra but still lies below the weekly pivot of 1140.53 and monthly pivot of 1140.24.
  • 2. After many days market closed being positive today.
  • 3. Today we can see the improvements in the sub-indices as well. Life Insurance has increased by 50.3 points of NEPSE index and Non Life insurance by 42.75 points of NEPSE index.
  •  

Top 5 Turnovers:

Scrips

Turnover

Closing Price

MNBBLP

2.08 crores

208

CIT

1.12 crores

2,610

NCCB

0.89 crores

211

UPPER

0.84 crores

240

NLIC

0.83 crores

1,083

               Pic. showing Sensitive Candle Stick Chart of 11th Chaitra

Analysis:

  • 1. Today market became positive after a long time comparing to that of past days. Today we can also observe certain improvement in the volume as well.
  • 2. Today CMP is exactly at the pivot for tomorrow and above the weekly and the monthly pivot.
  • 3. As per our observation the candle stick pattern of today is “Harami Bullish”.

 

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