Forum


ShareSansar Main Page

New Topic

NEPSE TO HIT 1000/- mark in coming days !!

Moderators: बिमलमान, Dilbert.

Post Reply

Page: « < ... 3 4 5 6 7 8 9 10 11 ... > »

Author Post
Member
Registered: Oct 2017
Posts: 1406
After the Completion of the Investment Summit market will react to it in Today session.

NEPSE to Face Resistance @ 1147/- then followed by 1152/- .

If we manage to surpass these 2 Resistance on closing basis then we can understand that Market Reacted in +ve else it is assumed it reacted in -Ve on the Investment Summit.

Failure to Surpass Resistance indicates we heading again to Support Zone of 1129/-.

Happy Investment !! :mrgreen: :mrgreen:
Member
Registered: Oct 2017
Posts: 1406
Sorry the Resistance is seen @ 1152/- instead of 1252/-
Member
Registered: Oct 2017
Posts: 1406
The NEPSE did took support @ 1147 till 12 Noon. But After Noon it could not and finally broke the support of 1147/- on closing basis which indicates Now the Next Line of Support is 1129/- then followed by 1117/-
With Resistance See now @ 1252/-.

Happy Investment !! :mrgreen: :mrgreen:
Member
Registered: Jun 2018
Posts: 66
I THINK OPENING PRICE OF SHIVAM WILL DEPEND HUGELY UPON THE PEOPLE WHO BOUGHT IT. TRADERS MUST HAVE BOUGHT IT IN FEW QUANTITY AND THEY WILL TRY TO BRING IT DOWN TODAY. IF LONG TERM INVESTORS HAVE BOUGHT IT, ITS PRICE WILL SURGE IN NO TIME.

MY PERSONAL GUESS IS MOST NUMBERS OF SHARES ARE BOUGHT BY INSIDERS.
Member
Registered: Oct 2017
Posts: 1406
FED maintain it's Intrest rate as it is as expected @2.5%.
Today is the Listing of Shivam Cement.
My guess of listing range @ 347-356/-
Member
Registered: Oct 2013
Posts: 4553
Saudi's currency is pegged with $, so other gulf currency must be doing same. Hongkong $ too pegged. So when $ is weakened, it will effect remittance.


Since, we hardly import from US, so when $ price change, our import wont effect much. When dollar strengthen, almost all currency weaken not just NC and vice versa. So not much effect in trade.

Normally, when $ strengthen, Oil,gold decrease or vice versa. But lately, I have seen many times all three going same direction. It means US hegemony is ending.


Position of those holding $ will be effected.
« Last edit by The Rising Sun on Tue Mar 19, 2019 4:14 pm. »
Member
Registered: Oct 2017
Posts: 1406
Yes Dubosi7 ji Tomorrow is the FED Policy @ 11:45 PM NST, Yes Many of the Analyst feel that FED will maintain its rate @ 2.5% only. No Hike in Rate is expected. !!

As Yesterday was the crucial Day for NEPSE as predicted earlier which stated If NEPSE won't break 1165/- means we would be heading towards the support zone of 1147/-

Finally today we did came down to support Level Near 1147/- Finally closing @ 1147.15.

Happy Holy to all the Investors !!

:mrgreen: :mrgreen:
Member
Registered: Mar 2018
Posts: 497
upcoming Fed monetory policy (probably by tomorrow) may not change the interest rate. If so, $ further depreciate.
Impact on our economy;
- Remittance amount will further dwindle down and fundable bank deposit further reduce.
- FDI may get affected due to low $ rate.
- Affect export.

you can easily guess the overall impact in Nepali Capital / Money market ??????????

HAPPY HOLI !!!
Member
Registered: Oct 2017
Posts: 1406
Strong $$ is not good for our over all Economy. As being more of import oriented Economy Strong $$ Leads to Trade deficit which leads to less Gross Domestic Saving !! But Strong $$ is a good friends to those Banks who has Strong Forex Reserve !!

Weak $$ is good for our Economy Provided the Rate of consumption do no exceed the fall in $$, But weaker $$ on the other side makes our export oriented economy less Competent Globally !!

But if Rate of Consumption growth is higher then the rate of fall of $$ then still Negative Impact on Economy. And if Rate of consumption increasing and $$ also increasing its further further Bad for our Economy.

Here Weak $$ refers to Those Banks who are sitting on huge FOREX reserve. when Revaluation is done on their assets which will done as on this chaitra Masanta, because of the weaker $$ rate for the same unit of Asset it will lesser then the last Quarter. thus how which will impact its Balance sheet.

For Example. you had 100 kitta share 3 months back then the Market Price was 150 so the value of your assets that time was 15000/- Now as on chaitra masant if the price of that share is 100/- then you assets on that date for 100 Kitta will be 10000/- only !!

Hope you got it !! :mrgreen: :mrgreen:
« Last edit by deepak_mm on Tue Mar 19, 2019 8:06 am. »
Member
Registered: Oct 2013
Posts: 4553
When $ is up, you say Banks will go down.

When $ is down, you again say Banks will go down.


At least stop licking your own split.
Member
Registered: Dec 2016
Posts: 42
Are you talking about international banks because as far as i know nepalese bank have hedged position of all currency except INR due to NRB requirement....
Member
Registered: Oct 2017
Posts: 1406
"Banking Stock were getting Bid !
But weaker US $ destroying their Lid "

The weaker US $ to impact the balance sheet of the banks, especially those banks who are sitting on huge Forex Reserve. Those banks who already booked $$ are safe.

At Chaitra Masant we will see the re-valuation of the Forex Reserve by the banks.

Happy Investment !!
Member
Registered: Jul 2014
Posts: 90
Thanks deepak ji!
Everyone here is reading you.
Do continue with your updates.
Member
Registered: Oct 2017
Posts: 1406
Tomorrow is a crucial Day for NEPSE !!

Tomorrow if we don't break 1165/- Level On closing basis that means we heading towards the support zone of 1147/-.

Until or unless we don't break the range of 1147-1165/- we won't see a strong move on either side !!

Happy Investment !!

:lol: :lol:
Member
Registered: Oct 2017
Posts: 1406
NEPSE still facing Resistance @ 1165/-
Member
Registered: Oct 2017
Posts: 1406
Yesterday NEPSE did tried 2 times to sustain above 1165/- range but could not suceed as 1165/- acted as the Resitance. 1147 continue to remain as immidiate support for NEPSE.

Until or unless we don't break out this range of 1147/- on lower side and 1165/- on upper side till then the market will remain range bound only. Unlikely to see any strong move on either side until or unless it don't come out of it's range of 1147-1165/-

Happy Investment !!
Member
Registered: Oct 2017
Posts: 1406
Yesterday NEPSE did tried 2 times to sustain above 1165/- range but could not suceed as 1165/- acted as the Resitance. 1147 continue to remain as immidiate support for NEPSE.

Until or unless we don't break out this range of 1147/- on lower side and 1165/- on upper side till then the market will remain range bound only. Unlikely to see any strong move on either side.

Happy Investment !!
Member
Registered: Oct 2017
Posts: 1406
The NEPSE Rally which began from 5 March from 1102 level is likely to mature @1165/- .

1165/- will likely to be the Resitace though it is not even 2 points from it's yesterday Close.

If NEPSE manges to close above 1165/- then further upside is expected with support seen @ 1147/-.

Happy Investment !!
Member
Registered: Oct 2017
Posts: 1406
Profit Booking Session is seen in the today's Market !!

Market if continue to hold above 1117/- for the Next 2 Trading session then it indicates that it has formed the Short term Bottom @ 1100/- level !!

People who are long should keep Stop-loss @ 1117/-.

This Stop-loss is Valid for 2 days only. If in 2 days if we don't see going below 1117/- then Stop-loss is advised @ 1100/- Only !!

If Market Moves beyond 1252/- then we should consider 1100/- as the Bottom till then it just a short term Bottom Only !!

Happy Investment !!
Member
Registered: Oct 2017
Posts: 1406
Looking at the Pattern of chart of NEPSE it is forming Top which is becoming lower and lower with base formation @ 1100/-.

The More time spending near the 1100/- zone indicates it is all set to break that Level but awaiting for some Trigger !!

Though i saw 1100/- level has been broken but it's not officially. As we saw a 20/20 kitta Price Supportive trade through broker no 59 in NTC, one of the heavy weight of NEPSE to avoid it breaking down of 1100/- Level which is acting as a Physiological Support !!

Now Some Trigger which will act as Catalyst for the Bear Player's are :-

1. Conversion of 6% Promoter share of Prabhu Bank into Ordinary shares.

2. Up to 6% subscription only till date of Global IME Bank Debentures bearing Interest Rate of 10.25% P.A. whose time line of subscription has been extended till 14 Chaitra, Indicating Low liquidity Scenario in the Market.


Disclosure : The Above mentioned points are for study purpose only, it should not be considered as a recommendation to BUY OR SELL. Trader & Investor are advised to take opinion from their Expert adviser and consultant before making any decision.

HAPPY INVESTMENT !! :mrgreen: :mrgreen:
Member
Registered: Oct 2017
Posts: 1406
Currently since last few trading session market is checking the Pulse of the Bulls. Let see how strong are the Bulls.
Member
Registered: Oct 2017
Posts: 1406
The Mutual Fund whose Tenure is about to Mature could exert Further Selling Pressure in NEPSE.

Majority of the Mutual fund has Under Performed since its Launch !!

Many of the People who thought Mutual fund will give Better Returns now must have faced the Reality !!

Public are now discouraged and might give Thumb Down approach to New Fund Offer of Mutual Fund companies in near future !!

Hmmm The Reality of the Market !!

Happy Investment !! :'( :'(
Member
Registered: Oct 2017
Posts: 1406
Since the last few days the upper range of the bounce back is getting shorter and shorter and frequently takeing support near the Physological level of 1100/- and coming closer to 1100/- indicates that the Market is set to break the 1100/- level just awaiting for the tigger to break it down.

1100/- acting as Physological support technical support is seen @ 1065-72 level for the short term.
Member
Registered: Oct 2017
Posts: 1406
As the News flow of FM Resignation was arrested as it turned out to be just a rumour which saved NEPSE from 20+ points down swing.

Yesterday we did break 1100/- on intraday basis but by just 2 basis point which was just like a eye blink.

1100/- still acting as a Physological support.

Yesterday some bargain hunter picked up the stock. later draft registration for Foreign Investment lifted the sentiment in the second half of the trading session amid volatility which pushed Nepse in +ve teritorry.

Today a day to watch wheter this +ve momentum to continue or will exhaust.

Happy Investment !!
« Last edit by deepak_mm on Tue Feb 26, 2019 8:46 am. »
Member
Registered: Oct 2017
Posts: 1406
The News flow in the Market about Resignation of FM will impact the market badely. We could see a 20+ points down swing in the market if this news further accelarate.

Looking at the Yesterday Pattern we see a break down of the 1100/- level on NEPSE.

Today could be a Volatile session in the market !!

Post Reply

Page: « < ... 3 4 5 6 7 8 9 10 11 ... > »

Sharesansar Forum Powered By Miracle Hub