Market watch 22nd August(Thursday)

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Market watch 22nd August(Thursday)

                                                   Pic. Showing NEPSE Candle Stick Chart

Current Price (CMP): 1213.06

OHLC Update of 5th Bhadra:

O: 1214.37     
H: 1220.91
L: 1212.25
C: 1213.06

Pivot for 8th Bhadra:

S3

S2

S1

Pivot

R1

R2

R3

1201.24

1206.75

1209.90

1215.41

1218.56

1224.07

1227.22

 

OHLC Update of 1st Week of Bhadra:

O: 1223.51

H: 1229.51

L: 1209.78

C: 1213.06

Pivot for the 2nd Week of Bhadra:

S3

S2

S1

Pivot

R1

R2

R3

1185.66

1197.72

1205.39

1217.45

1225.12

1237.18

1244.85

Pivot for the month of Bhadra:

S3

S2

S1

Pivot

R1

R2

R3

1139.02

1180.41

1202.22

1243.61

1265.42

1306.81

1328.62

 

Turnover Update:
On Month of Ashad    : 1080.72 Crores
On Month of Shrawan : 888.27 Crores

Volume of Last Week of Shrawan: NRs. 178.77 Crores

Volume of 1st Week of Bhadra: NRs. 154.59 Crores

3rd Bhadra       : NRs. 27.25 Crores

4th Bhadra       : NRs. 29.26 Crores

5th Bhadra       : NRs. 26.16 Crores

Commentary:

  • 1.Today NEPSE market has remained negative throughout the day. Along with the market other sub indices are also negative except SENSITIVE. NEPSE Market has lost 0.08% today and Sensitive index has gained 0.11%. The Float index has also decreased by 0.08% and the Sensitive Float has increased by 0.12% today.
  • 2.The turnover of today is less than that of previous day.
  • 3.Out of the 12 Sub-indices traded today, 8 of them are negative and remained 4 of them are positive. The noticeable changes are positive on Hotels by 0.56%. And noticeable changes are negative on Trading by 1.7%.
  • 4.The CMP of 5th Bhadra is below the pivot of 8th Bhadra. Similarly, it is below the weekly pivot and the monthly pivot.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NICA

NRs. 1.91 Crores

454

PRVU

NRs. 1.66 Crores

266

ADBL

NRs. 1.20 Crores

428

DBBLPO

NRs. 0.98 Crores

75

NBL

NRs. 0.87 Crores

325

 

Top 5 Gainers:

Scrips

LTP

Percentage Change(in%

SABSL

320.00

5.96

CLBSL

525.00

5.42

DHPL

60.00

5.26

RHPC

88.00

4.76

NEF

8.11

3.84

 

Top 5 Losers:

Scrips

LTP

Percentage Change(in%)

SFFIL

261.00

-4.74

BBC

1494.00

-3.67

NICL

298.00

-3.24

LVF1

9.15

-3.17

EIC

320.00

-2.73

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 13.31 Crores

430,022

1,670

Finance

NRs. 0.30 Crores

23,307

103

Hotels

NRs. 0.14 Crores

5,245

29

Manufacturing And Processing

NRs. 0.82 Crores

12,009

74

Others

NRs. 0.32 Crores

7,013

85

Hydro Power

NRs. 2.77 Crores

147,357

2,551

Trading

NRs. 0.006 Crores

40

4

Non Life Insurance

NRs. 1.009 Crores

21,120

242

Development Banks

NRs. 2.37 Crores

126,794

460

Mutual Fund

NRs. 0.10 Crores

111,280

51

                                              Pic. Showing Sensitive Candle Stick Chart

Conclusion:

  • 1.The CMP of 5th Bhadra is below the pivot of 8th Bhadra and the volume is less than that of the last traded day.
  • 2.Observing the candle stick patterns of today, it Shooting Star. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
  • 3.The candle that forms after the shooting star is what confirms the shooting star candle. The next candle's high must stay below the high of the shooting star and then proceed to close below the close of the shooting star. Traders may look to sell or short sell.

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