Market Watch of May 20

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Market Watch of May 20

                                                      Pic. Showing NEPSE Candle Stick Chart


Current Price (CMP): 1,307.71

OHLC Update of 6th Jestha:

O: 1,316.84
H: 1,322.85
L:  1,305.43
C: 1,307.71

Pivot for 7th Jestha:

S3

S2

S1

Pivot

R1

R2

R3

1,283.72

1,294.58

1,301.14

1,312

1,318.56

1,329.42

1,335.98

 

Pivot for the 2nd Week of Jestha:

S3

S2

S1

Pivot

R1

R2

R3

1,240.68

1,262.42

1,290.57

1,312.31

1,340.46

1,362.2

1,390.35

 

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

Weekly volume of this week (29th Baisakh – 2nd Jestha): NRs. 494.93 Crores

5th Jestha: Nrs. 109.03 Crores

6th Jestha: Nrs. 122.05 Crores

 

Commentary:

  • 1. Today market is negative like the last trading day. Along with the market other sub indices are also negative. NEPSE Market has lost 0.69% likewise Sensitive also lost 0.35%.
  • 2. Out of 11 Sub-indices only two are positive. The noticeable change on the Sub- Indices is negative change of Non-Life Insurance and Life Insurance by 119.25 and 85.44 points.
  • 3. The CMP of today is below the pivot of 7th Jestha and weekly but above the monthly pivot.
  • 4. The Banking sector transaction has increased in comparison with other sectors.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

SHIVM

NRs. 25.21 Crores

588

NBL

NRs. 23.21 Crores

338

HDL

NRs. 8.29 Crores

1,974

BPCL

NRs. 4.47 Crores

425

NTC

NRs.  3.55 Crores

730

 

Top 5 Gainers:

Scrips

LTP

Point Change

CORBL

122

11

MPFL

181

16

SINDU

153

13

BFC

106

9

SMB

504

42

 

Top 5 Losers:

Scrips

LTP

Point Change

PPCL

190

-16

MLBBL

473

-37

SHIVM

595

-34

RHPC

94

-5

KNBL

140

-7

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 47.75 Crores

1,515,751

3,975

Finance

NRs. 1.21 Crores

88,679

250

Hotels

NRs. 1.14 Crores

22,229

86

Manufacturing And Processing

NRs. 21.57 Crores

321,094

1,749

Others

NRs. 2.87 Crores

57,332

215

Hydro Power

NRs. 5.73 Crores

203,508

1,128

Non Life Insurance

NRs. 8.42 Crores

141,044

713

Development Banks

NRs. 9.18 Crores

510,276

1,236

Mutual Fund

NRs. 0.19 Crores

202,394

52

Trading

NRs. 0.004 Crores

30

3

                                                Pic. Showing Sensitive Candle Stick Chart

Analysis:

  • 1. The CMP of 6th Jestha is below the Pivot of 7th Jestha and the volume is higher than that of last traded volume.
  • 2. The trading is high compared to yesterday's volume which tells us that people have started investing. This might also be the suitable time for investors to enter into the market.
  • 3. Due to the access of online trading to public outside the capital which has resulted in decreasing number of brokers and increase in transactions. The general public is operating on their own through the online system.

 

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