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Showing posts from December, 2022

Combination trade based on market structure and pivot

 Combination trade based on market structure and pivot initial trade Trade was taken based on market structure and with the help of pivot point.  

Five sectoral indices closed green while NEPSE Index loosing 0.14%

 Five sector indices closed green while NEPSE Index loosing 0.14%;  The NEPSE index closed at 1,897.08 today after losing 2.62 points from the last trading day's closing.  This is a loss of 0.14%. The index lost 2.57 points yesterday. Nepse index 12-Dec-22 Five sector indices closed green; "Hotel and Tourism" gained the highest by 0.72%. Technical Analysis Technically Charts has not much changes although buyers are unable to beat sellers at buyers areas is not favorable sign for those who have bought.

Inverse Head and Shoulders: BTCUSDT

 Inverse Head and Shoulders: BTCUSDT TA Charts What Is the Inverse Head and Shoulders? An inverse head and shoulders, or "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics:  the price falls to a trough and then rises. the price falls below the former trough and then rises again. finally, the price falls again but not as far as the second trough.  Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.

Reserved IPO for foreign employment

Reserved IPO for foreign employment; How we can apply IPO from Abroad TIA What is reserved IPO for FOREIGN EMPLOYMENT Recently The Securities Board of Nepal ( SEBON ) has issue notices that, any foreign worker who possesses a valid work permit is eligible to apply for an initial public offering (IPO) for the 10% reserve. This policy is only applicable to individuals who have been granted work permits by the Government of Nepal.  It does not apply to individuals who travel outside of Nepal. For visas to study and other purposes, except visas to work.  If Nepalese people living in golf countries send money home through the proper channels, they most possible benefits from this development. how we can apply reserved foreign employment IPO from Abroad? issued reserved IPO in the meroshare Well, if you are working in gulf countries probably most of us came here only after taking work permit by government of Nepal  श्रम, रोजगार तथा सामाजिक सुरक्षा मन्त्रालय . we need to have following 3 thin

NEPSE Daily Summary with technical analysis chart

 NEPSE daily summary; Closed after loosing -0.25% NEPSE daily summary chart Day start with breakup +2.38 point at 1948.08, after ups and down market closed at 1933.88 after loosing -0.25%. Three sector indices closed green, "Investment" lost the highest by 0.91% while "Others" gained the highest by 0.57%. sub indices summary TOTAL TURNOVER AND TOTAL TRADED SHARES 238 scrips traded within 19,121 transactions. A total of 2,581,425 shares exchanged with the Rs. 96.52 Crores in turnover amount. This is lower than the last trading day's turnover of Rs. 1.670 Arba. market summary The Technical overview The index closed at the support trend lines with hammer candlestick. as we overlook at the chart its showing Symmetrical Triangle has been formed.  50 DMA support is nearest support for the on going trend.  Nepse index technical chart   *Financial instrument carries high level of risk, please study by yourself before taking any decision.