$NEPSE today = a roller-coaster ride. After a sharp fall in the first hour, breaking the support of 2500, the market made a new short-term low of 2438. But the market recovered to close at 2546 protecting the 2500 area. We saw a good candle formation in the end but can we conclude that the market has reversed? We'll have to wait for the supporting candle to decide. 2680 remains an important area that $NEPSE needs to sustain above as of now. There's a possibility that the market takes resistance from 2570 to 2600. In that case, we might see the market falling again and test the 2369 area. So, a fresh trade position remains risky for now.
Disclaimer - It's only for education purposes. Take your own decision before the trade. Edited
Disclaimer - It's only for education purposes. Take your own decision before the trade. Edited
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Its a pleasure reading your perspective sir
Yunush Thank you Yunush ji.