$NEPSE closed at 2693 today. It fell sharply in the first 5 minutes and then bounced back up from 2670. The market then managed to sustain itself around 2700 area throughout the day. It was maybe an indication that the sellers are now not willing to sell at lower prices.
If the market closes below 2670, the next important area for the market is 2620 to 2670. NEPSE needs to close above 2772 and 2825 for further confirmation that we may be starting a new upward rally.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
If the market closes below 2670, the next important area for the market is 2620 to 2670. NEPSE needs to close above 2772 and 2825 for further confirmation that we may be starting a new upward rally.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
Partial buy garda hola hai aile?
Yes, look at stocks that are trading around 0.5 to 0.618 fob retracement area.