$NEPSE made a high of 2874, took resistance exactly at the expected area, and then closed at 2803. Now, the immediate support for the market is 2750 to 2780.

☝️ Preferred Scenario
NEPSE takes support at 2750 to 2780, gives a bounce, crosses today's high of 2874 with volume and we head towards 2950 to 2980.

👇 Alternate Scenario
NEPSE gives a close below 2750 which could see the market head towards a short-term correction to somewhere between 2500 to 2600.

Watch out for these levels!

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