Skip to main content

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.


 

Comments

Popular posts from this blog

The Head And Shoulders Pattern

headAndShouldersPattern The Head And Shoulders Pattern The Head and Shoulders Pattern is generally regarded as a reversal pattern and it is most often seen in up-trends. It is also most reliable when found in an up-trend as well. Eventually, the market begins to slow down and the forces of supply and demand are generally considered in balance. The Following is a Typical Trend of a Head and Shoulders Pattern The Formation of a Head and Shoulders Pattern Sellers come in at the highs (left shoulder) and the downside is probed (beginning neckline). ...

The Flag And Pennant Pattern

flagAndPennant The Flag And Pennant Pattern Flags and Pennants can be categorized as continuation patterns. They usually represent only brief pauses in a dynamic stock. They are typically seen right after a big, quick move. The stock then usually takes off again in the same direction. Here is a Typical Flags and Pennants Pattern: Bullish flags are characterized by lower tops and lower bottoms, with the pattern slanting against the trend. But unlike wedges, their trend lines run parallel. Bearish flags are comprised of higher tops and higher bott...

How to start trading in Nepal stock market while you are in abroad

 How to start trading in Nepal stock market while you are in abroad images from internet if you are staying in abroad and you have same question in your mid then i hope it will be clear your all doubt. just follow the steps. there are few steps you must have. requirements to start trading in Nepal stock market. Bank Account Demat Account Mero Share Account Broker Account don't worry all these requirements can be done in online so if you don' t know how things work follow my post i'm going to guide one on one steps.