Market Watch of March 31

  4 min 55 sec to read
Market Watch of March 31

                                         Pic. showing NEPSE candle stick chart of 17th Chaitra

Current Market Price (CMP): 1,143.59

OHLC Update of 17th Chaitra:

O: 1144.53
H: 1149.81
L: 1139.51
C: 1143.59

Pivot for 18th Chaitra:

S3

S2

S1

pivot

R1

R2

R3

1,128.5

1,134

1,138.8

1,144.3

1,149.1

1,154.6

1,159.4

 

Pivot for This Week:

S3

S2

S1

Pivot

R1

R2

R3

1,123.25

1,127.54

1,136.03

1,140.32

1,148.81

1,153.1

1,161.59

 

Pivot of this month:

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

 

Turnover Update:

17th Chaitra: 26.66 Crores

14th Chaitra: 25.16 Crores

Commentary:

  • 1. Today the market made its highest point during the 1st hour and went on decreasing.
  • 2. We can see positive changes on the turnover.
  • 3. Today only Manufacturing & Processing, Banking and other sectors remained positive in the sub indices of NEPSE.
  • 4. Bank of Kathmandu made the highest turnover of NRs. 2.12 Crores.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

BOKL

NRs. 2.12 crores

242

PRVU

NRs.1.54 crores

239

SHIVM

NRs. 1.06 crores

325

CIT

NRs. 0.98 crores

2612

NICA

NRs. 0.98 crores

400

                                            Pic. showing Sensitive Candle Stick chart of 17th Chaitra 

Analysis:

  • 1. CMP of today is lower than the daily pivot but higher than the monthly and weekly pivot.
  • 2. We can see the positive change in volume despite the market is negative today. It is somehow bearish.
  • 3. We can say that the candle stick pattern today is “Doji”.
  • 4. Sunday and Thursday is always a pressure market for NEPSE so as a result we can see that the market makes huge difference.

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