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Stock Watch as of 2 Falguan

  1 min 36 sec to read
Stock Watch as of 2 Falguan
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CMP: 1,112.87

The pivot table for tomorrow (3rdfalgun)

S3 S2 S1 P R1 R2 R3
1099.993 1106.1 1109.4833 1115.59 1118.973 1125.08 1128.463

Daily Outlook:

Today the market made high of 1121.69 which was at the beginning of the day. NEPSE index starts decreasing gradually making a low of 1,112.20 and market closed at 1112.87 which is also the CMP. Today's market turnover is Rs. 216.65 corers which managed the highest due to trade of Everest Bank’s promoter share of Rs. 191.76 corers keeping that constant market just made total turnover of Rs. 24.89 corers.

Conclusion:

  1. Market is in panic selling mood as there is supply pressure and only few buyers.
  2. The time is for new buyers to apply their luck and share knowledge in market.

Happy Trading……..!!!!!

Nepse Daily Candle showing support and resistance with trend channel:

  1. Today market has remained negative thought the day.
  2. Support for today at 1107.54 level.
  3. If market rises the resistant for today as 1120.02 level.

 

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