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'id' => '2652',
'article_category_id' => '109',
'title' => 'Technical Analysis Of Nepse',
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'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
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'article' => array(
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'id' => '2652',
'article_category_id' => '109',
'title' => 'Technical Analysis Of Nepse',
'sub_title' => '',
'summary' => null,
'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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'title' => 'Technical Analysis Of Nepse',
'sub_title' => '',
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'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '2652',
'article_category_id' => '109',
'title' => 'Technical Analysis Of Nepse',
'sub_title' => '',
'summary' => null,
'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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Market Trend Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.
RSI RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.
MACD The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.
On Balance Volume (OBV) OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.
Market Summary (16 February to 20, 2014) Close: 822.67 High: 822.67 Weekly Change: 19.57 points (2.44%) Daily Average Turnover: NPR 278.29 Million Total Weekly Turnover: NPR 1.11 Billion Immediate Support: 806.82 Immediate Resistance: 847.86 RSI: 73.30 MACD Line: 12.87 Signal Line: 11.35
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'title' => 'Technical Analysis Of Nepse',
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'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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'id' => '2652',
'article_category_id' => '109',
'title' => 'Technical Analysis Of Nepse',
'sub_title' => '',
'summary' => null,
'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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'created' => '2014-02-23',
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include - APP/View/Articles/view.ctp, line 391
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View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'article' => array(
'Article' => array(
'id' => '2652',
'article_category_id' => '109',
'title' => 'Technical Analysis Of Nepse',
'sub_title' => '',
'summary' => null,
'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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'title' => 'Technical Analysis Of Nepse',
'sub_title' => '',
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'content' => '<div class="news_detail">
<p>
<strong>Market Trend</strong><br />
Nepse continued its bullish rally last week gaining 19.57 points or 2.44% over the four trading periods. The majority of the gains came from the last two trading days (Tuesday and Thursday) where the market rallied by 18.94 points. The substantial rise in Nepse over the past few trading days has caused it to move past its strong resistance level of 806.82 points indicating a strong bullish scenario for the stock market. Nepse is currently well above its 5-year high with numerous stocks becoming very expensive.<br />
<br />
If political climate remains fairly positive along with good financial results from companies, the market may see further upside in the days to come.<br />
<br />
<strong>RSI</strong><br />
RSI is a form of leading indicator that is believed to be most effective during periods of sideways movement. Such indicators may create numerous buy and sell signals that are useful when the market is not clearly trending upwards or downwards. On February 03, 2014, the RSI indicator settled lower at 51.37. Since then, RSI has been gradually creeping upwards. This has caused RSI to move back into the overbought zone. By the end of the last Thursday, the RSI stood at 73.30 levels.<br />
<br />
<strong>MACD</strong><br />
The MACD indicator, which has been witnessing a declining trend since the third week of January 2014, finally crossed above the signal line on Tuesday.<br />
<br />
When a MACD line crosses above the signal line, it is considered to be a positive sign and indicates a time to buy. The MACD line and Signal line increased from 10.60 and 10.80 points in the previous week to 12.87 and 11.35 points respectively. This suggests that the near term moving average is moving upward with a greater momentum while the longer term moving average is gradually shaping upwards.<br />
<br />
<strong>On Balance Volume (OBV)</strong><br />
OBV is a momentum indicator that relates volume to the current price of index or security. During January 19 to February 13 2014, the OBV indicator formed a resistance level in terms of volume of shares traded. In the past week, the indicator moved past its resistance level signaling a positive.</p>
<p>
<strong>Market Summary<br />
(16 February to 20, 2014)<br />
Close: 822.67<br />
High: 822.67<br />
Weekly Change: 19.57 points<br />
(2.44%)<br />
Daily Average Turnover:<br />
NPR 278.29 Million<br />
Total Weekly Turnover:<br />
NPR 1.11 Billion<br />
Immediate Support: 806.82<br />
Immediate Resistance:<br />
847.86<br />
RSI: 73.30<br />
MACD Line: 12.87<br />
Signal Line: 11.35</strong><br />
</p>
</div>
<p>
</p>',
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
