$NEPSE closed above the all-important channel resistance and is nearing the rising wedge resistance.

The current target for the market is 2700 to 2730. If it takes resistance at this area and breaks below the wedge, the market could retrace 2430 to 2500 which would present a great buying opportunity. On the other hand, if it breaks above the rising wedge, it could go to 2842.

Disclaimer - It's only for educational purposes. Take your own decision before the trade.