Market Watch of April 3

  8 min 10 sec to read
Market Watch of April 3

                                            Pic. Showing Sensitive Candle Stick Chart of 20th Chaitra

 

Current Market Price (CMP): 1165.84

OHLC Update of 20th Chaitra:

O: 1163.47
H: 1172.40
L: 1158.72
C: 1165.84

Pivot Table for 21st Chaitra:

S3

S2

S1

pivot

R1

R2

R3

1,145.23

1,151.97

1,158.91

1,165.65

1,172.59

1,179.33

1,186.27

 

 

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:

20th Chaitra: 53.93 Crores

19th Chaitra: 50.08 Crores

Commentary:

  • 1. The market is positive today as well and we can see that there is a positive change in volume as well.
  • 2. Today the top 5 turnovers are from the banking sector.
  • 3. Today the market dropped and made lowest point at the firth out but took a pick up point at the second hour and made the highest point.
  • 4. Today only Banking and Development Banks has remained positive rest of other sub indices are negative.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NICA

NRs. 4.37 crores

436

NCCB

NRs. 4.16 crores

223

NBL

NRs. 2.94 crores

298

NMB

NRs. 2.14 crores

338

PCBL

NRs. 1.97 crores

324

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 35.02 Crores

1,306,487

3,999

Finance

NRs. 0.67 Crores

51,370

122

Hotels

NRs. 0.14 Crores

5,540

29

Manufacturing And Processing

NRs. 1.29 Crores

38,740

197

Others

NRs. 0.83 Crores

18,836

134

Hydro Power

NRs. 1.69 Crores

82,046

1,268

Non Life Insurance

NRs. 2.18 Crores

32,832

297

Development Banks

NRs. 2.13 Crores

129,896

 

459

Mutual Fund

NRs. 0.17 Crores

117,917

 

51

Promotor Share

NRs. 1.46 Crores

50,907

42

                                                     Pic. Showing NEPSE Candle Stick Chart of 20th Chaitra

                                                  Pic. Showing Banking Candle Stick Chart of 20th Chaitra

Analysis:

  • 1. CMP of today is lower than the daily but higher than monthly and weekly pivot.
  • 2. We can see the positive change in volume though there is not that huge transaction in the market as compared of yesterdays.
  • 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 pattern is “Advance Block”
  • 5. Today also we can see that the top 5 traders are from the Banking sector so no matter what the investors of the banking sector are always on the safe side.
  • 6. The top stocks traded on market today are also of Banks.

 

No comments yet. Be the first one to comment.