Are you looking for a fair Nepalsharemarket NEPSE analysis today ? If yes, we are proving it without any bias when analyzing the market. Based on this learning tips and tricks, you can take buy or sell decision on your risks.
Based on the Nepse chart on September 9, we observed the following trends;
Strong Downward Momentum: The Nepse is shown a clear correction in trend. Today’s candlesticks show its continued downward movement in the market. According to volume analysis, it is a downtrend and the selling pressure is strong. Even the total volume is reduced previous transaction’s day.
Support Level: The potential support level is around 2600-2650. Thus, if the market holds this level, you will see a bounce back and if it breaks, then the further decline will be continued.
Nepalsharemarket NEPSE analysis today- Buy or Sell ?
Are you looking for buy or sell tips for Nepalsharemarket NEPSE analysis today ? then, you can try it your own risk.
Condition for Buy or Sell Action: If the index will break the 2600 level, you can sell or top loss. If the index will bounce back from 2600, then you can buy or holds the stock for next areas.
Conclusion: The Nepse is a strong downtrend, it can stop with any good news and continue with any bad news for the market. The required correction is over now. But the market is based on the demand and supply and its depends on mass sentiments in the market. If you are the investor, then you can buy stock which will provide you high return in this year. The dividend session is starting now in the market.
Declaimer – Sharemarket is a high risk business. We only educate you, we did not suggest you to buy or sell any stock. Increase your analysis capacity and decision-making to become successful investors.
