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Market Watch of February 26

  2 min 8 sec to read
Market Watch of February 26
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                                        Pic. showing Nepse analysis

Current Market Price (CMP): 1102.56

The pivot table for Wednesday 15th falgun:

S3

S2

S1

P

R1

R2

R3

 

1090.78

 

 

1096.19

 

 

1099.58

 

1104.79

1107.98

1113.59

1116.58

 

 

 

 

 

 

CMP of today is 1102.56 which is lower than the daily pivot of 1104.79 and weekly pivot of 1114.52.

 

OHLC update of today:

O: 1,109.73

H: 1,110.22

L: 1,101.61

C: 1,102.56

 

Turnover table:

Today’s Turnover – 16.57 crores

Yesterday’s Turnover – 20.38 crores

 

Conclusion:

  1. 1. Tomorrow probable support is 1096.
  2. 2. Since today volume has been lower compared to yesterday’s volume market seems seeking saturation.
  3. 3. Paid up capital compliances by some insurance companies being unfulfilled has put a substantial dilemma to slide the sectoral share value but the banking sector look robust even when the market trend is bear adding up good scrips in portfolio basket is suggested.

 

Happy trading …………….!!!!!!!!

 

 

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