Market Watch 17th April (Wednesday)

  7 min 11 sec to read
Market Watch 17th April (Wednesday)

                                       Pic. Showing NEPSE Candle Stick Chart
 
Current Price (CMP): 1217.03
OHLC Update:
O:1212.05
H:1223.57
L:1210.26
C:1217.03
 
Pivot for 5th Baisakh:
S3 S2 R3 Pivot R1 R2 R3
1,197.03 1,203.64 1,210.34 1,216.95 1,223.65 1,230.26 1,236.96
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

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:
3rd Baisakh: Nrs. 74.27 Crores
4THBaisakh: Nrs. 82.16 Crores
 
Commentary:
•Today market has remained positive like yesterday. Likewise the other indexes are also positive.
•The volume today is greater than that of yesterday 
•Out of 10 Sub-indices Banking, Hotels, Development Banks and Life Insurance are positive today. 
•We can see noticeable changes on Life Insurance, of 38.19. 
•Today top 5 turnovers is from the banking sector. 
 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NMB

NRs. 6.70 crores

375

NICA

NRs.  4.98 crores

495

PRVU

NRs. 4.58 crores

263

CBL

NRs. 3.33 crores

168

NBL

NRs. 3.24crores

299

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 45.35 Crores

1,615,431

4,418

Finance

NRs.0.29Crores

22,751

90

Hotels

NRs. 0.10 Crores

4,149

20

Manufacturing And Processing

NRs. 0.54Crores

15,525

115

Others

NRs. 0.06 Crores

12,759

113

Hydro Power

NRs. 1.30Crores

90,591

999

Non Life Insurance

NRs. 8.40Crores

137,927

738

Development Banks

NRs. 2.26Crores

129,762

479

Mutual Fund

NRs. 0.01Crores

113,504

49

Promoter Share

NRs. 1.76Crores

94,147

57

 
                                           Pic. Showing Sensitive Candle Stick Chart
 
Analysis:
•We can see that the market is positive and the volume is also increasing which shows that the market is bullish. 
•We can observe that the candle stick pattern is" Morning Star Doji. "
•It's the time where the sellers can sell if they get buyers. 
 
 
 

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