Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]

Market watch 3rd September(Tuesday)

  43 min 6 sec to read
Market watch 3rd September(Tuesday)
Notice (8): Undefined index: caption [APP/View/Articles/view.ctp, line 241]

                                                        Pic. Showing NEPSE Candle Stick Chart

Current Price (CMP): 1190.90

OHLC Update of 17th Bhadra:

O: 1170.88
H: 1190.90
L: 1156.72
C: 1190.90

Pivot for 18th Bhadra:

S3

S2

S1

Pivot

R1

R2

R3

1133.93

1145.33

1168.11

1179.51

1202.29

1213.69

1236.47

Pivot for the 2nd Week (15th Bhadra- 19th Bhadra):

S3

S2

S1

Pivot

R1

R2

R3

1169.83

1181.96

1189.19

1201.32

1208.55

1220.68

1227.91

Pivot for the month of Bhadra:

S3

S2

S1

Pivot

R1

R2

R3

1139.02

1180.41

1202.22

1243.61

1265.42

1306.81

1328.62

Turnover Update:
On Month of Ashad    : 1080.72 Crores
On Month of Shrawan : 888.27 Crores

Volume of 1st Week of Bhadra: NRs. 154.59 Crores

Volume of 2nd Week of Bhadra: NRs. 162.48 Crores

15th Bhadra     : NRs. 29.73 Crores

16th Bhadra     : NRs. 40.75 Crores

17th Bhadra     : NRs. 51.05 Crores

Commentary:

  • 1.Today the NEPSE market has increased by 1.76%. The Sensitive index has also increased by 1.53%. The Float index has gained 1.9% and Sensitive Float has gained 1.78% today.
  • 2.The turnover of today is more than that of previous day.
  • 3.Out of the 11 Sub-indices traded today, all of them are positive except Others and Mutual Fund. The noticeable changes are positive on Life Insurance by 2.77%, Non-Life Insurance by 2.75% and Microfinance by 2.27%.  
  • 4.The CMP of 17th  Bhadra is above the pivot of 18th Bhadra bu it is below the weekly pivot and the monthly pivot.

 

Top 5 Scrips by turnovers:

Scrips

Turnover

Closing Price

NBBPO

Rs. 5.72 Crores

118

NBL

Rs. 3.33 Crores

321

NLIC

Rs. 2.21 Crores

810

NICA

Rs. 2.19 Crores

449

SANIMA

Rs. 1.70 Crores

355

Top 5 Gainers:

Scrips

LTP

Percentage Change(in%)

UPCL

81.00

9.46

SLICL

297.00

8.39

MSMBS

497.00

8.04

ALICL

333.00

7.77

AKBSL

368.00

7.60

Top 5 Losers:

Scrips

LTP

Percentage Change(in%)

CEFL

98.00

-4.85

RHPC

81.00

-3.57

GHL

71.00

-2.73

GRDBL

107.00

-2.72

GIMES1

7.30

-2.01

 

Sector Wise Summary:

Sector

Turnover Values

Turnover volume

Total Transaction

Commercial Banks

NRs. 21.29 Crores

739,893

2,295

Finance

NRs. 0.42 Crores

31,768

123

Hotels

NRs. 0.43 Crores

14,548

67

Manufacturing And Processing

NRs. 1.85 Crores

28,800

216

Others

NRs. 1.67 Crores

23,295

205

Hydro Power

NRs. 3.24 Crores

192,142

1,971

Non Life Insurance

NRs. 1.45 Crores

34,471

306

Development Banks

NRs. 1.72 Crores

92,454

347

Mutual Fund

NRs. 0.09 Crores

98,639

22

Promoter Share

NRs. 9.40 Crores

771,006

21

                                                          Pic. Showing Sensitive Candle Stick Chart

Conclusion:

  • 1.Today, the market has increased and become positive along with it sub-indices.
  • 2.Observing today’s candle stick, it White Closing Marubozu.
  • 3.This candlestick signifies the buyers controlled the price action from the first trade to the last trade. The day opens and prices go lower forming a lower shadow. This is followed by a rally that drives prices over the opening price, and the rally continues all day ending with a closing price equal to the high of the day. The bulls are very strong during the day except during the initial phase of the session.
  • 4.It may point to excessive bullishness, and that prices are at dangerously high levels. Still, the candlestick alone is not reliable enough to decide the direction of the markets, since it reflects only one day’s trading.
  • 5.The CMP of today is above the pivot for the next day.

Deprecated (16384): Using key `action` is deprecated, use `url` directly instead. [CORE/Cake/View/Helper/FormHelper.php, line 383]
No comments yet. Be the first one to comment.