Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]

Market Watch 6th May(Monday)

  12 min 2 sec to read
Market Watch 6th May(Monday)
Notice (8): Undefined index: caption [APP/View/Articles/view.ctp, line 241]

                                             Pic. Showing NEPSE Candle Stick Chart

Current Price (CMP): 1299.41

OHLC Update of 23rd Baisakh:

O: 1277.68
H: 1299.41
L:  1270.06
C:  1299.41

Pivot for 24th Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,250.49

1,260.28

1,279.84

1,289.63

1,309.19

1,318.98

1,338.54

 

 

Pivot for the 4th Week of Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,237.24

1,260.1

1,277.24

1,300.1

1,317.24

1,340.1

1,357.24

 

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:
 
2nd week of Baisakh (8th – 12th): NRs. 494.44 Crores
 
3rd week of Baisakh (15th – 19th): NRs. 439.77 Crores
 
22nd Baisakh: Nrs.58 Crores
 
23rd Baisakh: Nrs.63.36 Crores

Commentary:

  • Today market is positive after 4 days of being negative. Along with the market other sub indices are also positive.
  • The volume today is greater than that of last traded volume.
  • All of 10 Sub-indices except Others are positive today.
  • The noticeable changes on the Sub- Indices are positive changes of Life Insurance by 75.69, and Manu. & Pro. by 73.36.
  • The CMP of 23rd Baisakh is above the pivot of 24th Baisakh and the monthly pivot but below the weekly pivot.
  • Today NEPSE Market has gained 21.73 points .

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

SHIVM

NRs. 4.94 Crores

388

JBNL

NRs. 3.87 Crores

208

NBL

NRs. 3.86 Crores

315

NMB

NRs. 3.10 Crores

386

PRVU

NRs.  2.41 Crores

288

Top 5 Gainers:

Scrips

LTP

Point Change

STC

440

39

MPFL

181

16

SHIVM

388

30

MEGA

193

11

BOKL

290

15

 

Top 5 Losers:

Scrips

LTP

Point Change

PPCL

239

-16

MMFDB

911

-54

UPCL

93

-3

SEOS

10.30

-0

AMFI

570

-14

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 35.77 Crores

1,192,231

3,870

Finance

NRs. 0.14 Crores

11,764

71

Hotels

NRs. 0.52 Crores

11,504

42

Manufacturing And Processing

NRs. 5.03 Crores

134,246

706

Others

NRs. 0.50 Crores

8,700

90

Hydro Power

NRs. 3.30 Crores

134,246

900

Non Life Insurance

NRs. 4.72 Crores

78,865

519

Development Banks

NRs. 3.43 Crores

153,367

536

Mutual Fund

NRs. 1.97 Crores

201,572

54

 

 

Pic. Showing Sensitive Candle Stick Chart

 

Analysis:

  • The CMP today is above the Pivot of 24th Baisakh and the volume is greater than that of last traded volume which shows that the market is following the Bearish trend.
  • Observing the past days trend of candle stick pattern, it seems like “Three Line Strike” but as the highest posit is below the opening of the red candle stick it is  not definite .
  • Observing today’s candle stick pattern it is more like “ Opening Marubozu”

 

 

Deprecated (16384): Using key `action` is deprecated, use `url` directly instead. [CORE/Cake/View/Helper/FormHelper.php, line 383]
No comments yet. Be the first one to comment.