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Market Watch of May 9 ( Thrusday)

  12 min 59 sec to read
Market Watch of May 9 ( Thrusday)
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Pic. Showing NEPSE Candle Stick Chart

Current Price (CMP): 1291.96

OHLC Update of 26th Baisakh:

O: 1297.60
H: 1302.62
L:  1290.11
C:  1291.96

Pivot for 29th Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,274.66

1,282.39

1,287.17

1,294.9

1,299.68

1,307.41

1,312.19

 

OHLC Update of 4th Week of Baisakh:

O: 1294.39
H: 1311.18
L:  1270.06
C:  1291.96

Pivot for the 5th Week of Baisakh:

S3

S2

S1

Pivot

R1

R2

R3

1,229.83

1,249.95

1,270.95

1,291.07

1,312.07

1,332.19

1,353.19

 

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:

3rd week of Baisakh (15th – 19th): NRs. 439.77 Crores

4th week of Baisakh (22nd – 26th): NRs. 339.7Crores

25th Baisakh: Nrs. 50.79 Crores

26th Baisakh: Nrs. 94.73 Crores

 

Commentary:

  • 1. Today market is negative like yesterday. Along with the market other sub indices are also negative. NEPSE Market has lost 0.43%.
  • 2. The volume today is comparatively greater than that of yesterday but this week’s volume is lower than that of past week.
  • 3. All of 10 Sub-indices except Non- Life Insurance and Manufacturing & Processing are positive today. The noticeable change on the    Sub- Indices is positive changes of Manufacturing & Processing by 1.54%.
  • 4. The CMP of 26th Baisakh is below the pivot of 29th Baisakh but above the monthly pivot and the weekly pivot.
  • 5. Comparing NEPSE Market and Sensitive we can see that the Sensitive has lost more than the NEPSE Market.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

SBBLPO

NRs. 32.5 Crores

180.10

SHIVM

NRs. 5.03 Crores

411

NIL

NRs. 4.08 Crores

524

NMB

NRs. 3.76 Crores

380

ADBL

NRs.  3.68 Crores

388

 

Top 5 Gainers:

Scrips

LTP

Point Change

SIC

1,530

120

NHDL

135

10

HDL

1,955

140

JFL

179

12

SHIVM

411

21

 

Top 5 Losers:

Scrips

LTP

Point Change

PROFL

108

-11

MPFL

149

-12

GHL

133

-6

SLBS

964

-39

AHPC

102

-4

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 28.72 Crores

964,056

2,691

Finance

NRs. 0.19 Crores

14,876

90

Hotels

NRs. 0.91 Crores

18,546

77

Manufacturing And Processing

NRs. 5.79 Crores

128,202

772

Others

NRs. 2.20 Crores

19,527

156

Hydro Power

NRs. 2.28 Crores

119,676

737

Non Life Insurance

NRs. 12.90 Crores

165,178

981

Development Banks

NRs. 1.74 Crores

82,556

3969

Mutual Fund

NRs. 0.12 Crores

138,145

49

Promotor Share

NRs. 34.09  Crores

1,860,610

87

 

 

Pic. Showing Sensitive Candle Stick Chart

 

 

Analysis:

  • 1. The CMP today is below the Pivot of 29th Baisakh and the volume is greater than that of last traded volume which shows that the   market might be in bullish trend.
  • 2. Observing the past days trend of candle stick pattern, it seems like “Three Outside Down” but as there is no engulfing on these   patterns this in not definite.
  • 3. Observing today’s candle stick pattern it is more like “ Inverted Hammer”
  • 4. Due to available liquidity in the market is in smooth flow, this result into good trades in the market.
  • 5. We can say that the market might soar up if it crosses 1291 range else there is high possibility of market to drop.

 

 

 

 

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