$NEPSE closed at 2651 today. If we look at 0.618 fibo level, it is very nearby at 2633 and that could be an important retracement area. It also seems like the market is making an ABC correction and as per Elliott wave, if Wave A = Wave C, the retracement area is around 2615. It will be interesting to see if the market can take support somewhere between 2600 to 2635 area. Could be an interesting day tomorrow.
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Spinning top formed at your support area.. lets hope it will take a turnaround from there
Hope so. Hoping for a good reversal candle today.