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Market Watch of April 24

  8 min 16 sec to read
Market Watch of April 24
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                                                         Pic. Showing NEPSE Candle Stick Chart


Current Price (CMP): 1279.29

OHLC Update of 11th Baisakh:

O: 1260.68
H: 1280.84
L:  1260.68
C:  1279.29

Pivot for 12th Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,246.21

1,253.44

1,266.37

1,273.6

1,286.53

1,293.76

1,306.69

 

Pivot for the 2ndWeek of Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,148.28

1,165.07

1,198.67

1,215.46

1,249.06

1,265.85

1,299.45

 

Pivot for this month:

S3

S2

S1

Pivot

R1

R2

R3

1077.31

1104.17

1144.09

1170.95

1210.87

1237.73

1277.65

 

Turnover Update:

1st week of Baisakh (2nd – 5th): NRs. 262 Crores

10th Baisakh: Nrs. 61.41 Crores

11th Baisakh: Nrs. 95.03 Crores

Commentary:

  • 1. Today market has remained positive like yesterday. Likewise the other indexes are also positive.
  • 2. The volume today is greater than the last traded volume of yesterday.
  • 3. Out of 10 Sub-indices Hydropower and Manu. & Pro. are negative today.
  • 4. The noticeable changes on the Sub- Indices are of Banking by 27.2, Hotels by 60.11 and Developments Banks by 39.34
  • 5. Today top 5 turnovers are from the banking sector.

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NBL

NRs. 9.09 Crores

312

GBIME

NRs. 7.19 Crores

320

NICA

NRs. 6.40 Crores

506

PRVU

NRs. 6.27 Crores

291

JBNL

NRs. 5.94 Crores

202

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 34.05 Crores

1,059,216

3,523

Finance

NRs.  0.84 Crores

62,364

69

Hotels

NRs. 0.02 Crores

920

7

Manufacturing And Processing

NRs.  0.80 Crores

23,590

101

Others

NRs.  0.90 Crores

12,663

120

Hydro Power

NRs. 1.49 Crores

83,500

862

Non Life Insurance

NRs.  4.14 Crores

68,358

343

Development Banks

NRs. 2.94 Crores

151,739

462

Tradings

NRs. 0.008 Crores

50

5

Preferred Stock

NRs. 0.001Crores

24

1

                                                     Pic. Showing Sensitive Candle Stick Chart

Analysis:

  • 1. The CMP of 11th Baisakh is above the pivot of 12th Baisakh, weekly pivot and also above the monthly pivot.
  • 2. Today NEPSE Market gained 19.14 points and the turnover of the day is also greater than yesterday’s volume which has been the lowest volume of the week till today this shows that the market is in bullish trend.
  • 3. Observing the general movement of the stock value over a time period, we found progressive result on the NEPSE points we can see that the highest point of the day is above yesterday’s highest point and the opening is also the lowest point for today.
  • 4. The Candle stick Pattern looks like “Closed Marubozu”.

 

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