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

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

The Inverted Head and Shoulders Pattern

invertedheadAndShouldersPattern Inverted Head and Shoulders Pattern The inverted head and shoulders is typically seen in downtrends. invert of The Head and Shoulders Pattern. What's noteworthy about the inverted head and shoulders is the volume aspect. The Following is a Typical Trend of an Inverted Head and Shoulders Pattern The Formation of a Head and Shoulders Pattern The inverted left shoulder should be accompanied by an increase in volume. The inverted head should be made on lighter volume.

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.

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