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Market Watch of february 24

  2 min 5 sec to read
Market Watch of february 24
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                                         Pic. showing Nepse analysis

 

Current Market Price (CMP): 1,102.32

 

The pivot table for tomorrow (13th Falgun):

S3

S2

S1

P

R1

R2

R3

 

1082.49

 

 

11092.1

 

 

1097.21

 

1106.82

1111.93

1121.54

1126.65

 

CMP for today is 1,102.32 which are lower than the daily pivot of 1106.82 and the weekly pivot of 1114.52 which means market has gone down today.

 

OHLC update of today:

O: 1,113.07

H: 1,116.43

L: 1,101.71

C: 1,102.32

 

Turnover table:

Today’s (12th Falgun): Rs. 20.99 Crores 

Thursday's (9th Falgun): Rs. 16.44 Crores

 

Conclusion:

  1. 1. Today market has increased in volume but has decreased in index.
  2. 2. There are chances that market might go down tomorrow.
  3. 3. Market might not be ready to sell at lower price.
  4. 4. If some sellers are ready to sell then there is always space for the new investors.

Happy trading …………….!!!!!!!!

 

 

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