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Market Watch of May 7 ( Tuesday )

  15 min 10 sec to read
Market Watch of May 7 ( Tuesday )
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Pic. Showing NEPSE Candle Stick Chart

Current Price (CMP): 1301.28

OHLC Update of 24th Baisakh:

O: 1299.41
H: 1311.18
L:  1295.73
C:  1301.28

Pivot for 24th Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,278.83

1,287.28

1,294.28

1,302.73

1,309.73

1,318.18

1,325.18

 

 

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

23rd Baisakh: Nrs.63.36 Crores

24th Baisakh: Nrs. 72.82 Crores

 

Commentary:

1. Today market is positive. Along with the market other sub indices are also positive except Sensitive Float.

2. The volume today is greater than that of last traded volume.

3. All of 10 Sub-indices except Banking and Finance are positive today.

4. The noticeable change on the Sub- Indices is positive changes of Hotels by 5.2%.

5. The CMP of 24th Baisakh is below the pivot of 25th Baisakh but above the monthly pivot and  the weekly pivot.

6. Today NEPSE Market has gained 0.14%.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NCCB

NRs. 5.94 Crores

248

SHIVM

NRs. 4.90 Crores

380

NBL

NRs. 3.57 Crores

313

CIT

NRs. 2.65 Crores

2,630

NMB

NRs.  2.62 Crores

386

 

Top 5 Gainers:

Scrips

LTP

Point Change

HDL

1,650

150

OHL

585

37

RADHI

166

9

SHL

240

12

SINDU

135

6

 

Top 5 Losers:

Scrips

LTP

Point Change

PPCL

216

-23

SMFDB

620

-37

NHPC

69

-3

SMB

483

-17

PROFL

119

-4

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 40.22 Crores

1,396,852

4,073

Finance

NRs. 0.23 Crores

17,430

91

Hotels

NRs. 1.77 Crores

51,731

183

Manufacturing And Processing

NRs. 5.32 Crores

129,512

595

Others

NRs. 3.38 Crores

23,719

595

Hydro Power

NRs. 4.85 Crores

187,021

1,125

Non Life Insurance

NRs. 3.90 Crores

58,605

504

Development Banks

NRs. 3.46 Crores

167,108

500

Mutual Fund

NRs. 0.21 Crores

211,537

63

Promotor Share

NRs. 0.06  Crores

189,067

60

 

 

 

 

Pic. Showing Sensitive Candle Stick Chart

 

Analysis:

  • 1. As the  CMP today is below the Pivot of 25th Baisakh and the volume is greater than that of last traded volume which shows that the              market is trying to be in bullish trend.
  • 2. Observing the past days trend of candle stick pattern, it is like “Three Outside Up” but as there is no engulfing on these patterns         this in not definite.
  • 3. Observing today’s candle stick it is more like “ Spinning  Top” with long wick and short tail. 

 

 

 

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