$NEPSE closed at 2415 for this week. It took support around the important 2360 area and bounced back. But we still need to wait to confirm if this is actually a bounce back. How do we do this? We wait for further candles.
If the market can protect the low that NEPSE made yesterday i.e. 2366, there is a good chance we will be heading towards 2700. I'm still waiting for the market to close above 2520 to take larger buys. Until then, I will take partial buys with 2366 as my stop loss.
Happy New Year 2079 to everyone. I'm hoping for NEPSE to make a higher high and see it go above 3227 this year. Patience is the key.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
If the market can protect the low that NEPSE made yesterday i.e. 2366, there is a good chance we will be heading towards 2700. I'm still waiting for the market to close above 2520 to take larger buys. Until then, I will take partial buys with 2366 as my stop loss.
Happy New Year 2079 to everyone. I'm hoping for NEPSE to make a higher high and see it go above 3227 this year. Patience is the key.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
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