$NEPSE closed at 2926 today after breaking an important resistance of 2870. Now our next resistance is around 2950 to 3000 area.
If we look from the Elliott Wave perspective, we are close to completing the subminuette 'iii' degree after which we could see a slight correction to somewhere between 2850 to 2880 area before moving ahead to achieve higher targets. The market could move towards our all-time high of 3227 or nearby in the coming weeks.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
If we look from the Elliott Wave perspective, we are close to completing the subminuette 'iii' degree after which we could see a slight correction to somewhere between 2850 to 2880 area before moving ahead to achieve higher targets. The market could move towards our all-time high of 3227 or nearby in the coming weeks.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
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