Market Watch of April 12

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Market Watch of April 12

                                              Pic. Showing NEPSE Monthly Candle Stick Chart

 

Current Market Price (CMP): 1184.02

OHLC Update of 28th Chaitra:
O: 1184.61
H: 1190.03
L: 1180.15
C: 1184.02

Pivot Table for 1st Baisakh:

S3

S2

S1

pivot

R1

R2

R3

1169.56

1174.85

1179.44

1184.73

1189.32

1194.61

1199.2

 

 

OHLC Update of this week:
O: 1182.36
H: 1197.80
L: 1174.80
C: 1184.02

Pivot for the 1st Week of Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1150.28

1162.54

1173.28

1185.54

1196.28

1208.54

1219.28

 

OHLC Update of Chaitra:
O: 1155.50
H: 1197.80
L: 1131.02
C: 1184.02

 

Pivot for this month:

S3

S2

S1

Pivot

R1

R2

R3

1077.31

1104.17

1144.09

1170.95

1210.87

1237.73

1277.65

 

Turnover Update:

Falgun Months: 712.62

Chaitra Months: NRs. 766.32 Crores

(24th-28th) Chaitra:  Nrs. 299.27 Crores

28TH Chaitra: Nrs. 39.64 Crores

Commentary:

1. The turnover for the month of Chaitra has increased in a positive manner if we are to compare the same with the month of Falgun.

2. The NEPSE has been negative in the time of monthly closing (Chaitra). But, the other indices are positive.

3. The sub-indices of most of the listed sectors are positive excluding for Hotels, Finance, Manu & Pro and others.

4. The transactions of Baking sectors have significant growth when comparing with others.

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

KBL

NRs. 3.63 crores

259

NMB

NRs. 3.07 crores

356

NICA

NRs. 2.56 crores

469

NBL

NRs. 1.58 crores

297

PRVU

NRs. 1.42 crores

249

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 23.59 Crores

800,788

2,836

Finance

NRs. 0.239 Crores

15,730

77

Hotels

NRs. 0.139 Crores

5,279

38

Manufacturing And Processing

NRs. 0.661 Crores

16,190

114

Others

NRs. 0.711 Crores

8,847

96

Hydro Power

NRs. 2.104 Crores

113,068

1,501

Non Life Insurance

NRs. 3.78 Crores

60,617

493

Development Banks

NRs. 1.33 Crores

77,054

390

Mutual Fund

NRs. 0.023 Crores

26,180

19

Promoter Share

NRs. 0.856 Crores

30,401

51

                                                                      Pic. Showing NEPSE Weekly Candle Stick Chart

Analysis:

1. Investor summit has been conducted by the Government and we can be hopeful towards inflow of local and foreign investors which is a good indicator for strong market.

2.  We can expect the flow of liquidity as the Government will start spending. If so, it is possible that there is a good chance for market to grow and the investors can benefit from that as well.

3. Through our analysis we can see that the market is not in the Bearish trend. Again, we can observe that the market, if it stays positive then will take quite some time to take the Bullish trend.

 

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