Market Watch of April 5

  7 min 34 sec to read
Market Watch of April 5

Pic. Showing NEPSE Weekly Candle Stick Chart  

Current Market Price (CMP): 1165.20

OHLC Update of 21st Chaitra:

O: 1165.85
H: 1169.74
L: 1160.14
C: 1165.20

Pivot Table for 24th Chaitra:

S3

S2

S1

pivot

R1

R2

R3

1,150.7

1,155.42

1,160.3

1,165.02

1,169.9

1,174.62

1,179.5

 

OHLC Update of 17th - 22nd Chaitra:

O: 1142.61
H: 1172.40
L: 1139.51
C: 1165.84

 

Pivot for the Week (24th-28th) Chaitra:

S3

S2

S1

Pivot

R1

R2

R3

1,113.21

1,126.36

1,146.1

1,159.25

1,178.99

1,192.14

1,211.88

 

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-21st) Chaitra week's: 208.92 Crores

(10th-14th) Chaitra week's: 142.83 crores

21th Chaitra: 42.34 Crores

Commentary:

  • 1. The market is positive this week and there is a positive change in volume as well. The market is in search of saturation.
  • 2. The CMP for 24th Chaitra is 1165.20 which are above the daily, weekly and monthly Pivot.
  • 3. The Investment Summit that took place recently is expected to have a positive impact as both Local and foreign investors are interested.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NICA

NRs. 4.71 crores

440

NCCB

NRs. 2.5 crores

223

CBL

NRs. 2.04 crores

160

NBL

NRs. 1.81 crores

296

MBL

NRs. 1.49 crores

230

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 27.70 Crores

1,031,394

3,112

Finance

NRs. 0.307 Crores

23,166

99

Hotels

NRs. 0.064 Crores

2,407

18

Manufacturing And Processing

NRs. 1.08 Crores

33,320

307

Others

NRs. 0.67 Crores

9,088

109

Hydro Power

NRs. 2.031 Crores

96,197

1,300

Non Life Insurance

NRs. 2.45 Crores

44,368

329

Development Banks

NRs. 2.54 Crores

143,108

 

505

Mutual Fund

NRs. 0.191 Crores

205,173

 

49

Promoter Share

NRs. 2.42 Crores

138,734

54

Pic. Showing NEPSE Monthly Candle Stick Chart

Analysis:

  • 1. The quarterly closing of Chaitra might bring change in the market as for now its wait and watch situation.
  • 2. As the last Quarter of the fiscal year, the increase in Government expenditure will certainly increase the liquidity in the market too.
  • 3. As for the weekly analysis, the market is bullish.
  • 4. The top stocks traded on market today are also of Banks. These days Banking sector has been a hot cake for investors which show that there are many investors willing to invest in this sector. We can also say that the market of banking sector is Super Bullish.

 

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