Pic. showing NEPSE candle stick weekly chart
Current Market Price (CMP): 1163.47
OHLC Update of 19th Chaitra:
O: 1149.99
H: 1164.85
L: 1149.69
C: 1163.47
Pivot Table for 20th Chaitra:
S3 | S2 | S1 | pivot | R1 | R2 | R3 |
1,138.66 | 1,144.18 | 1,153.82 | 1,159.34 | 1,168.98 | 1,174.5 | 1,184.14 |
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:
19th Chaitra: 50.08 Crores
18th Chaitra: 35.28 Crores
Commentary:
- 1. Today market remained positive and made the highest point during 2nd hour.
- 2. We can see that Life Insurance, Hotels and Banking made the noticeable positive changes which are 38.86, 20.01 and 19.67 respectively.
- 3. Hydro Power and Non Life Insurance lost some points of the NEPSE market which are 3.48 and 6.76 respectively.
Top 5 Scrips by turnovers:
Scrips | Turnover | Closing Price |
NCCB | NRs. 4 crores | 218 |
NICA | NRs. 3.76 crores | 426 |
NMB | NRs. 2.71 crores | 335 |
NBB | NRs. 2.27 crores | 204 |
PRVU | NRs. 2.06 crores | 246 |
Pic. showingBanking Candle Stick weekly chart
Analysis:
- 1. CMP of today is higher than the daily, monthly and weekly pivot which is a good sign for the ones holding the share in the NEPSE Market.
- 2. We can see the positive change in volume of the market which shows that market has made a huge transaction.
- 3. Positive change in both NEPSE index and volume says that the market these days are going on bullish trend.
- 4. Observing the candle stick pattern we can say that the uptrend should stay intact.
- 5. Banking these days in market has been a “Hot Cake”.
- 6. Is banking index these days being super bullish?