Market Watch of April 7

Pic. Showing NEPSE Candle Stick Chart

Current Market Price (CMP): 1182.36

OHLC Update:

O: 1164.94
H: 1182.36
L: 1161.76
C: 1182.36

Pivot table for 25^th Chaitra:

S3	S2	S1	pivot	R1	R2	R3
1,148.03	1,154.89	1,168.63	1,175.49	1,189.23	1,196.09	1,209.83

Pivot for this Week 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:

21^th Chaitra: Nrs 42.34 Crores

24^TH Chaitra: Nrs 54.39 Crores

Commentary:

1. CMP of 24^th Chaitra is above the Daily, Weekly and Monthly Pivot.
2. The turnover of 24^th Chaitra is comparatively more than that of 21^st Chaitra.
3. Today we can see that every indexes of NEPSE market has remained positive.
4. Some of the Market indices are positive and vice-versa on the basis of NEPSE points.
5. We can observe the positive change in banking sector by 28.19 points of NEPSE index. Whereas, Non-Life insurance points have dropped by 19.21.

Top 5 Scrips by turnovers:

Sector Wise Summary:

Sector	Turnover Values	Turnover volume	Total Transaction
Commercial Banks	NRs. 27.70 Crores	1,031,394	3,112
Finance	NRs. 0.30 Crores	23,166	99
Hotels	NRs. 0.06 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. 2.03 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. 0.19 Crores	205,173	49
Promoter Share	NRs. 2.42 Crores	138,734	54

Sensitive Candle Stick Chart

Analysis:

1.As the market today is positive and the turnover has also increased, this indicates that the prevailing market is Bullish.
2. The Candle stick pattern today is more like ‘Hammer’.
3. We can analyze that the market might go up that the current point , so the sellers can wait sometime if they have intension on selling

Nepal and Qatar Agree on Collaboration in Eight Sectors