$NEPSE managed to close above 2500 for today. The market fell sharply in the first 15 mins but managed to recover itself thereafter. The channel resistance is yet to be broken and is acting as a good resistance for now.
For tomorrow, 2550 to 2570 could act as an area of resistance. If it crosses this area, the upper channel could act as a resistance. NEPSE, if it takes resistance and breaks below 2500, could head for 2450 to 2485 area to take support. Watch out for these levels!
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
For tomorrow, 2550 to 2570 could act as an area of resistance. If it crosses this area, the upper channel could act as a resistance. NEPSE, if it takes resistance and breaks below 2500, could head for 2450 to 2485 area to take support. Watch out for these levels!
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
- Like2
- Comments
- Share