$NEPSE closed at 2256 today. We saw a hammer candle formed today but it is still too early to confirm the reversal. I think the market will take resistance somewhere between 2270 to 2300 and fall down again to the 2150 to 2200 area before moving up aggressively. I am not comfortable taking a buy position until we close above 2360 from here on.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
Disclaimer - It's only for educational purposes. Take your own decision before the trade.
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