Market Watch of May 15 (Wednesday)

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Market Watch of May 15 (Wednesday)

Pic. Showing NEPSE Candle Stick Chart                                                                                                                                                         

Current Price (CMP): 1321.00

OHLC Update of 1st Jestha:

O: 1315.45
H: 1334.06
L:  1315.06
C:  1321.00

Pivot for 2nd Jestha:

S3

S2

S1

Pivot

R1

R2

R3

1,293.69

1,304.37

1,312.69

1,323.37

1,331.69

1,342.37

1,350.69

 

 

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 Month of Jestha:

S3

S2

S1

Pivot

R1

R2

R3

1,082.82

1,132.34

1,223.9

1,273.42

1,364.98

1,414.5

1,506.06

 

Turnover Update:

On Month of Baisakh: 1,803.05 Crores

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

31st Baisakh: Nrs. 103.72 Crores

1st Jestha: Nrs. 133.03 Crores

 

Commentary:

  • 1. Today market is positive throughout the day. Along with the market other sub indices are also positive. NEPSE Market has gained 0.42%.
  • 2. The volume today has reached 100 Crores which is higher than that of yesterday’s volume.
  • 3. Out of 12 Sub-indices 6 of them are positive. The noticeable change on the Sub- Indices is positive changes of Trading by 4.18% and negative change of Manufacturing & Processing by 2.28%.
  • 4. The CMP of 1st Jestha is below the pivot of 2nd Jestha but above the monthly pivot and the weekly pivot.
  • 5. Comparing NEPSE Market and Sensitive we can see that the NEPSE Market has more fluctuation than the Sensitive.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NCCB

NRs. 14.82 Crores

259

NBL

NRs. 13.24 Crores

316

SHIVM

NRs. 13.09 Crores

520

ADBL

NRs. 5.76 Crores

438

NTC

NRs.  5.16 Crores

721

 

 

Top 5 Gainers:

Scrips

LTP

Point Change

NCDB

149

11

BBC

1,730

125

GRDBL

111

7

RLFL

129

8

ADBL

438

22

 

Top 5 Losers:

 

Scrips

LTP

Point Change

HDL

1,883

-121

GILB

1,300

-76

SHIVM

520

-26

NSEWA

459

-21

NNLB

422

-18

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 73.63 Crores

2,383,670

6,248

Finance

NRs. 0.63 Crores

51,273

151

Hotels

NRs. 1.82 Crores

45,777

182

Manufacturing And Processing

NRs. 13.20 Crores

237,829

1,788

Others

NRs. 6.75 Crores

154,725

326

Hydro Power

NRs. 4.43 Crores

186,911

1,333

Non Life Insurance

NRs. 9.30 Crores

90,396

804

Development Banks

NRs. 9.83 Crores

531,502

1,242

Preferred Stock

NRs. 0.0006 Crores

10

1

Trading

NRs. 0.05 Crores

325

12

 

Pic. Showing Sensitive Candle Stick Chart

 

 

Analysis:

  • 1. The CMP today is below the Pivot of 2nd Jestha and the volume is higher than that of last traded volume which shows that the market is in bullish trend.
  • 2. Observing the past days trend of candle stick pattern, it seems like “Three White Soldier”. Observing today’s candle stick pattern it is “Opening Marubozu”.
  • 3. Today market has carried on the trend started on Baisakh which gives optimistic vision for the market.
  • 4.  Now that the market is in another uptrend and we can analyze that the market will be able to keep up with this uptrend observing today’s candle stick pattern, we find the market picking up on the 1st day of Jestha.

 

 

 

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