Market watch 19th September(Thursday)

  42 min 18 sec to read
Market watch 19th September(Thursday)

                                                  Pic. Showing NEPSE Candle Stick Chart

Current Price (CMP): 1155.30

OHLC Update of 2nd Ashoj:

O: 1173.44
H: 1178.28
L: 1155.30
C: 1155.30

Pivot for 5th Ashoj:

S3

S2

S1

Pivot

R1

R2

R3

1124.66

1139.98

1147.64

1162.96

1170.62

1185.94

1193.60

 

OHLC Update of Last Week(29 Bhadra - 2 Ashoj):

O: 1157.68
H: 1178.28

L: 1122.02

C: 1155.30

Pivot for the 2nd Week of Ashoj:

S3

S2

S1

Pivot

R1

R2

R3

1069.19

1095.61

1125.45

1151.87

1181.71

1208.13

1237.97

Pivot for the month of Ashoj:

S3

S2

S1

Pivot

R1

R2

R3

997.8

1059.9

1105.3

1167.4

1212.8

1274.9

1320.3

 

Turnover Update:
On Month of Shrawan : 888.27 Crores

On Month of Bhadra  : 768.98 Crores

1st Ashoj          : NRs. 34.39 Crores

2nd Ashoj         : NRs. 38.39 Crores

Commentary:

  • 1.Today NEPSE market has remained negative throughout the day. Along with the market other sub indices are also negative. Today, NEPSE Market has lost 1.54% and Sensitive index has lost 1.36%. The Float index has also decreased by 1.41% and the Sensitive Float has decreased by 1.17% today.
  • 2.The turnover of today is less than that of previous day.
  • 3.Out of the 12 Sub-indices traded today, all of them are negative except Trading and Mutual Fund. The noticeable changes are negative on Others by 2.78%, Non-Life Insurance by 2.34%. Similarly Tradings and Mutual Fund are negative by 0.83% and 0.25% respectively.
  • 4.The CMP of 2nd Ashoj is below the pivot of 5th Ashoj and the monthly pivot. Similarly, it is above the weekly pivot.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

SHIVM

NRs. 5.24 Crores

572.00

PRVU

NRs. 2.67 Crores

265.00

SBL

NRs. 1.81 Crores

329.00

NMFBS

NRs. 1.73 Crores

1,745.00

NBL

NRs. 1.65 Crores

319.00

 

Top 5 Gainers:

Scrips

LTP

Percentage Change(in%

SMATA

594.00

10.00

EDBL

282.00

7.22

NMFBS

1,745.00

5.76

AKJCL

59.00

5.36

NEF

7.92

3.80

 

Top 5 Losers:

Scrips

LTP

Percentage Change(in%)

GLBSL

454.00

-8.46

SPARS

553.00

-8.13

NICL

270.00

-7.21

SLICL

277.00

-6.10

AKPL

133.00

-5.67

 

 

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 16.93 Crores

594,345

2,188

Finance

NRs. 0.34 Crores

26,777

92

Hotels

NRs. 0.44 Crores

12,305

56

Manufacturing And Processing

NRs. 5.40 Crores

90,252

547

Others

NRs. 2.12 Crores

20,322

165

Hydro Power

NRs. 2.95 Crores

157,965

2,078

Tradings

NRs. 0.0056 Crores

40

2

Non Life Insurance

NRs. 1.65 Crores

48,289

367

Development Banks

NRs. 1.90 Crores

113,981

317

Mutual Fund

NRs. 0.0042 Crores

4,974

10

                                                         Pic. Showing Sensitive Candle Stick Chart

Conclusion:

  • 1.The CMP of 2nd Ashoj is below the pivot of 5th Ashoj and the volume is less than that of the last traded day.
  • 2.Observing the candle stick patterns of today, it Black Closing Marubozu. It indicates that sellers controlled the price action from the first trade to the last trade. The day opens and prices go slightly higher, forming an upper shadow. Then prices reverse direction moving below the opening level, and the decline continues all day ending with a closing price equal to the low of the day.
  • 3.The bears are very strong during the day except during the initial phase of the session. Still, the candlestick alone is not reliable enough to decide the direction of the markets, since it reflects only one day’s trading.

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