NEPSE Analysis - Nepal share market NEPSE analysis today

 NEPSE Analysis - Nepal share market NEPSE analysis today

Nepse analysis is required if you are traders or investors. We can do nepse analysis chart through various analysis tools. You can do nepse analysis today and make strategy of tomorrow. Find here of Nepal share market nepse analysis today.

 

NEPSE Index Technical Analysis & Trading Strategy

Based above chart, the support level is 2580.02 to 2545.34 green lines and resistance level is 2795.78 red line.

 

Moving Averages/MAC (20,20,0,0) is near short term resistance level (2670 and 2688).

MACD (12,26,9) shows bullish trend in Nepse but it is narrow to decide.

True Strengthe Index (25, 13, 13) is positive strength but is reaching overbought zone.

 

Volume Analysis: According to volume, it is not increasing. It means that uptrend momentum is weak.

Buy or Sell Strateg

 

There are two scenario that is

1.    Pullback Entry: You can buy around support level (2580-2545) if the price is tried up. It is the strong demand zones. The stop loss is below 2545.

2.    Breakout Entry: If the price is above 2795, you can buy and stop loss is 2755.

Risk Reward Ratio: You can take at least 1:2 risk and reward. It means that if you will take risk 50 points then target for 100 points in short term trading in Nepse. 

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