Market watch 12th August(Monday)

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Market watch 12th August(Monday)

                                                         Pic. Showing NEPSE Candle Stick Chart

Current Price (CMP): 1233.85

OHLC Update of 27th Shrawan:

O:1234.68
H:1236.90
L:1232.11
C: 1233.85

Pivot for 28th Shrawan:

S3

S2

S1

Pivot

R1

R2

R3

1226.88

1229.50

1231.67

1234.29

1236.46

1239.08

1241.25

Pivot for the 4th Week (26th Shrawan- 30th Shrawan):

S3

S2

S1

Pivot

R1

R2

R3

1199.61

1218.53

1228.54

1247.46

1257.47

1276.39

1286.40

Pivot for the month of Shrawan:

S3

S2

S1

Pivot

R1

R2

R3

1187.72

1212.58

1,235.79

1,260.65

1,283.86

1,308.72

1,331.93

Turnover Update:
On Month of Ashad: 1080.72 Crores
Volume of 1st Week of Shrawan: NRs. 197.77 Crores
Volume of 2nd Week of Shrawan: NRs. 208.62 Crores
Volume of 3rd Week of Shrawan: NRs. 219.13 Crores

26th Shrawan: NRs. 31.17 Crores

27th Shrawan: NRs. 31.27 Crores

Commentary:

  • 1.Today the NEPSE market has increased by 0.01%. The Sensitive index has also increased by 0.04%. The Float index has lost 0.01% but Sensitive Float has gained 0.02% today.
  • 2.The turnover of today is more than that of previous day.
  • 3.Out of the 12 Sub-indices traded today, 5 of them are negative and rest 7 is positive. The noticeable changes are positive on Hotel by 1.01% and negative on Trading by 2.3%
  • 4.The CMP of 27th Shrawan is slightly below the pivot of 28th Shrawan. Similarly it is below the weekly pivot and the monthly pivot.

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

RHPL

Rs. 2.56 Crores

212

SJCL

Rs. 1.48 Crores

228

PRVU

Rs. 1.38 Crores

270

MEGAPO

Rs. 1.26 Crores

102

NCCB

Rs. 1.24 Crores

207

Top 5 Gainers:

Scrips

LTP

Percentage Change(in%)

NADEP

511

9.89

WMBF

108

9.09

NSEWA

474

7.73

JOSHI

73

7.35

MLBBL

504

5.00

Top 5 Losers:

Scrips

LTP

Percentage Change(in%)

BBC

1,331

-5.26

NIBLPF

7.05

-4.72

NIBSF1

9.32

-3.91

NAGRO

830

-3.37

LLBS

726

-3.32

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 11.63 Crores

424,342

1,389

Finance

NRs. 0.51 Crores

39,162

107

Hotels

NRs. 0.15 Crores

6,131

18

Manufacturing And Processing

NRs. 0.42 Crores

6,410

56

Others

NRs. 1.38 Crores

19,067

98

Hydro Power

NRs. 5.02 Crores

240,342

6,983

Trading

NRs. 0.016 Crores

120

6

Non Life Insurance

NRs. 0.96 Crores

19,959

243

Development Banks

NRs. 1.61 Crores

73,381

267

Preferred Stock

NRs. 7 Thousand

10

1

                                                    Pic. Showing Sensitive Candle Stick Chart

Conclusion:

  • 1.Today, the market has decreased and become negative along with it sub-indices.
  • 2.Observing the candle stick of NEPSE today, it is a DOJI. It indicates that the bulls and bears are at the stage of indecision.
  • 3.In a downtrend, the market bolsters the bears with a long black day and gaps open on the second day. However, the second day trades within a small range and closes at or near its open. 
  • 4.There is the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the next trading day.
  • 5.The CMP of today is slightly below the pivot for the next day. It shows that the market is bearish and there is downtrend.

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