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Market Watch of April 26

  11 min 12 sec to read
Market Watch of April 26
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                                            Pic. Showing NEPSE Candle Stick Chart


Current Price (CMP): 1292.12

OHLC Update of 12th Baisakh:

O: 1279.29
H: 1296.92
L:  1297.29
C:  1292.12

Pivot for 15th Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,294.34

1,295.81

1,293.97

1,295.44

1,293.6

1,295.07

1,293.23

 

OHLC Update of 2nd Week:

O: 1232.26
H: 1296.92
L: 1232.26
C: 1292.12

Pivot for the 3rd Week of Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,185.95

1,209.11

1,250.61

1,273.77

1,315.27

1,338.43

1,379.93

 

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

2nd week of Baisakh (8th – 12th0: NRs. 494.44 Crores

12th Baisakh: Nrs. 135 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. All of 10 Sub-indices today is positive today.
  • 4. The noticeable changes on the Sub- Indices are of Developments Banks by 45.29, Non Life Insurance 74.84 and Life Insurance 89.91.  
  • 5. Today top 5 turnovers are from the banking sector.
  • 6. The CMP of 12th Baisakh is below the pivot of 15th Baisakh, but above the weekly pivot and the monthly pivot.
  • 7. Today NEPSE Market gained 12.83 points and the turnover of the day is more than 100 Crores which is also more than yesterday’s volume which has been the lowest volume of the week this shows that the market is in bullish trend.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NBL

NRs. 18.41 Crores

315

NCCB

NRs. 7.30 Crores

241

PRVU

NRs. 7.26 Crores

298

CBBL

NRs. 6.60 Crores

1,044

ADBL

NRs. 5.43 Crores

388

Top 5 Gainers:

Scrips

LTP

Point Change

EIC

469

42

ADBL

388

34

MMFDB

949

68

UIC

935

66

RADHI

165

11

 

Top 5 Losers:

Scrips

LTP

Point Change

TRH

234

-24

NMFBS

1,685

-115

GMFIL

123

-5

MLBBL

475

-13

CMF 1

9.50

-0

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 70.18 Crores

2,358,552

5,544

Finance

NRs.  0.68 Crores

53,187

149

Hotels

NRs. 0.20 Crores

5,845

29

Manufacturing And Processing

NRs.  0.76 Crores

23,140

89

Others

NRs.  0.67 Crores

12,467

128

Hydro Power

NRs. 2.08 Crores

105,316

931

Non Life Insurance

NRs.  4.32 Crores

90,411

528

Development Banks

NRs. 6.12 Crores

338,819

982

Mutual Fund

NRs. 0.24 Crores

239,588

49

Promoter Share

NRs. 2.65 Crores

84,047

106

                                                 Pic. Showing NEPSE Weekly Candle Stick Chart

                                          Pic. Showing Sensitive Candle Stick Chart

Analysis:

  • 1. Observing the past days pattern the formed pattern is “Three White Soldiers”.
  •  2. The single Pattern of the last day of the week seems like “Closed Marubozu”.
  • 3. Transactions are higher due to access of online trading to public outside the capital have resulted in decreasing number of brokers. The general public are operating on their own through the online system
  • 4. Talking about the Sub- Indices of the market, banking sector are in Super Bullish trend and are making continuous profits.
  • 5. Government expenditure has increased after Chaitra end due to which there is flow of liquidity in the market. This has resulted in positive psychology of the investors resulting in high trades in the market.
  • 6. IMF, ADB and World Bank are stating that the economy of the country seems stable these days.


 

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