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#26 Tue May 21, 2024 7:06 pm
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Member
Registered: Oct 2017
Posts: 2147
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Today Nepse Broke the Physological Resistance of 2100 mark on closing Basis & Managed to close @ 2115.94/- up by 23.94 Point.
The Next Resitance for NEPSE is @ 2136/-
Once 2136 is Broken then Straight Next Resistance is @ 2200/- only.
Once 2200/- is broken then we will witness the FOMO rally, FOMO refers to Fear of Missing Out Rally. Which could Uplift Nepse upto 2440/- in a matter of few Days only.
Low Cap Dev. BANKS Risk VS Reward Ratio looks very Favourable.
Happy Investment !!
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#27 Tue May 21, 2024 7:07 am
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Member
Registered: Oct 2017
Posts: 2147
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Today is an Important Day to Watch for Devlopment Bank Index.
Devlopment Bank Index is Gearing up for the Second Attempt to give a Potential Bullish Break Out.
Devlopment Bank Index Need to Break 4250/- mark on Closing Basis, Once it Break then we might see a Mega Bull Rally in the Devlopment Bank Index.
Regional Devlopment Bank has the higher Probability to give better returns in terms of Percentage if Bullish Break Out Occurs.
Let's see What Happens today.
Happy Investment !!
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#28 Mon May 20, 2024 4:24 pm
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Member
Registered: Oct 2017
Posts: 2147
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Today We witnessed the Technical Glitch in the Trading Application.
The Share Holding Data was not Synced or updated which resulted in Shares Allowed for Sell was in Excess then the Actual.
There could Probable 2 Reasons for it :-
1. A Facility Facilitated to some Traders in an arrangement to Short Sell there Shares whose Delivery is Scheduled for Today which could be Sold only Tomorrow is Allowed to Sell Today itself.
2. Or it just a Technical Glitch then the some General Investor who Sold the shares in Excess by Mistake could become the Victim of the Close Out.
3. Don't Know whether these Event Actually Happened Today or Not ?? Is a Big Question for Now..
Happy Investment !!
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#29 Sun May 19, 2024 6:27 pm
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Member
Registered: Oct 2017
Posts: 2147
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Market already Reacted to Monetary Policy Q3 Review Report.
Whoever were Negative on it has Sold off the Shares and Whoever were +VE has Bought the Shares.
Today We witnessed Strong Turnover of 5.25 Arab along with NEPSE Gaining 45.69 odd Points and has also broken the Major Resistance of 2050/- Forming a Long Bullish Candle.
Now in the Market the Stock Supply Vacuum has been Created as Bear Player are out of Stock and are not in a Position to Give Supply of Shares.
As the Technical Resistance of 2050/- has been Broken Now Bulls are going to be Aggressive in the Market.
The Bull Player might take the Technical Advantage and the Shares Supply Vacuum and if they turn Aggressive tomorrow then Market Might see a total of 6% Upper Circuit followed Phase 1 by 4% Circuit Break, then Followed by Phase 2 of 5% Circuit Break & the Last Phase of 6% Circuit Break as was last witnessed on :-
04 March 2024 // Falgun 21, 2080. It was Monday & tomorrow is Monday Again !!
Happy Investment !!
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#30 Sun May 19, 2024 7:38 am
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Member
Registered: Oct 2017
Posts: 2147
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The Major Topic of Discussion on Monetory Policy Q3 Review is Banks can liqudate upto 20% of their Primary Capital in a Financial Year if the Holding tenure is matured for 1 Year. Some Says Supply will come some says Demand will Come. One must not Forget that in the Past NIA had allowed Insurance Companies to Buy upto 15% Shares of Public Lusted Companies. Currently BFI are Not allowed to Buy Shares of A,B,C & D category BFI, But if you look into Banks Equity Holding Portfolio many Bank has been Holding shares of Micro Finance. So the Current Provision will allow Banks to exit its Ordinary Shares share Holding of Micro Finance and will make Easy for Insurance Company to Buy those shares provided the Buyer & Seller Agrees to Market Valuation. Yes the Supply will Come mainly in Micro Finance & Other Holdings if Any within their BFI Sector itself which are likely to be Neutralized by Insurance Companies. Today's Action & Reaction will be mainly in Micro Finance Sector. The Other Provision on Risk Weithage Reduction from 125 to 100 in Hire Purchase, Leaverage in Real Estate from 50% to 70% and Revisision in NPA Provision from 1.25% to 1.20% will boost the Overall BFI Earning and Profits. After the Circular only BFI will take action in its Investment Decesion but Not Today for Sure. Today's Action and Reaction win the market will be by the General Public Only. Happy Investment !! « Last edit by deepak_mm on Sun May 19, 2024 7:41 am. »
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#31 Fri May 17, 2024 12:31 pm
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Member
Registered: Oct 2013
Posts: 7718
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Let's hope, Monetary policy would help BFIs stocks.
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#32 Fri May 17, 2024 7:54 am
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Member
Registered: Oct 2017
Posts: 2147
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Looking at the Market Behaviour the Major Flavor of the Market seemed to the Low Cap Stocks only :-
As Low Cap Micro Finance saw Performing 4-5 times more then Large Cap Micro Finance.
Looking at the Data The Regional Devlopment Banks has almost Half of the Paid Up Capital then Finance Companies :-
If Same Market Flavour Continue then we could see Regional Devlopment Banks to be Outperforming the Most like Low Cap based Micro Finance out Performed in the Current week.
So the Conclusion is Low Cap Bikas Bank if it is in your Portfolio then it is HODL if Not then is a Add in the POFO.
Thought of the Day " Trend is Your Friend "
Happy Investment 😊
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#33 Thu May 16, 2024 8:52 am
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Member
Registered: Oct 2017
Posts: 2147
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Based on the Volume Divergence Indicator, This 5 Scrips should on Trader & Investor Radar which are :-
1. NFS 2. PFL 3. KRBL 4. GRDBL 5. SHINE
HAVE A GOOD DAY .
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#34 Thu May 16, 2024 6:07 am
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Member
Registered: Oct 2017
Posts: 2147
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Yesterday We Witnessed the Weaker Hand of the Market Exiting their Position who bought Before the Formation of the Morning Star Pattern.
Any Dip in the Market is Basically a Buying Oppurtinity Now.
As the major Capital Appreciation Index Wise will be seen in Bikas Bank & Finance Sector, So the stocks from these 2 Sectors has to be in the Investor Portfolio.
Happy Investment !!
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#35 Wed May 15, 2024 1:06 pm
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Member
Registered: Oct 2017
Posts: 2147
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Looking at the Market Behavior and Some Market Moves of Stocks :-
Today i Feel is an Ideal Day to Accumulate Shares from :-
1. Bikas Bank Sector
2. Finance Sector
As i feel these 2 are getting Ready for Next Leg of Up- Move.
Happy Investment !!
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#36 Tue May 14, 2024 5:08 pm
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Member
Registered: Oct 2017
Posts: 2147
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Today NEPSE Made a Smart Move Climbing up by 28.62 Points & Finally Settled @ 2027.51/-.
Last Year from 15 May 2023 onwards Market Started a Rally from 1820/- Level onwards to till 2220/-Level which was recorded on 29 June as 30 June 2023 was Friday no Trading Day.
In a Span of 1 & 1/2 Half Month of the English Calendar of Year 2023 from Mid Month of May to End of June Month NEPSE saw a Rally of 400/- Odd Points Approx. a Index Return of 22% on An Average.
If Now NESPE Rallis in the Similar way as seen in the Past in 2023 :-
Lets Assume Starting from Today onwards Considering the Base of 2000/- for the NEPSE to Rally Considering an Index Return of 22% Shows the NEPSE Forecasted Target of 2440/- for the NEPSE by June End.
Currently 2 Index has only Given Bullish Break Out Which are Finance & Micro Finance Sector.
Development Bank Sector is taking baby Step, Step by Step for the Second Attempt to Make a Bullish Break Out Currently moving up Slow and Steady with Consolidations, Once 4250/- Level is Broken on Closing Basis then its a Clear Break Out for Development Banks.
BUY Right Hold Tight for At least 1 Month looking at the Past History & See the Power of Investment !!
HAPPY INVESTMENT !!
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#37 Mon May 13, 2024 4:24 pm
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Member
Registered: Oct 2017
Posts: 2147
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Finally Market has Confirmed the Formation of the Morning Star Pattern on Daily Chart as NEPSE has Managed to Close above 1978/- Mark In-fact it has managed Close Near to its Intra-Day High Zone Near 2000/-
As NEPSE has Confirmed the Trend Reversal What to Buy Now is Big Question .....
I Personally Feel it has to be High Beta Trading Stock...
The High Beta Trading Stocks are from the Following Sector :-
1. Bikas Bank
2. Finance
3. Micro Finance
4. 0f-course Hydro Power.
Among the Trading Stocks I Prefer those which has managed to Enter the League of Top Turnover Such as :-
Among Bikas Bank : KRBL, SADBL & NABBC.
Among Finance : PFL, GUFL & NFS.
Among Micro : ACLBSL & RSDC.
Among Hydro : CHDC & MANDU.
Happy Trading !!
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#38 Sun May 12, 2024 5:02 pm
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Member
Registered: Oct 2017
Posts: 2147
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In Todays Session NEPSE Passed Condition 1 for the Morning Star Pattern ie breaking 1970 Mark on Intraday Basis in-fact Closed Above 1970 Mark ie @ 1974.50/-
The Deadline for Condition 2 is Tomorrow ie Monday which is Closing Above 1978 Mark/-
In-fact We Achieved Half of the Condition 2 as we did Surpassed 1978 Mark on Intraday Basis in-fact hitting 1981.69 Mark on Intraday Basis.
Looking at the Chart Pattern and Market Breadth of the Market it hints that Tomorrow we will Confirm the Morning Star Pattern on Daily Chart.
Among All the Sectors i Like the Chart Pattern of Bikas Bank Sector at the Moment as it is Gearing up for the Second Attempt for the Bullish Break Out, Apart from that its Slow and Steady Movement with Lot of Consolidation simultaneously indicates that's once it Gives a Break Out we will witness a Very Strong Rally in the Sector But not like we have seen in Finance and Micro Finance Sector where quick Profit Booking Started after the Break Out because it is moving with Strong consolidation. ie. Baby Step by Step.
Happy Investment !!
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#39 Thu May 09, 2024 6:29 pm
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Member
Registered: Oct 2017
Posts: 2147
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Today We Witnessed Profit Booking Session in Micro Finance Sector which is Normal Trend after a Run up in Price. After 2 Consecutive Undecisive DOJI Formation Today we Witnessed a kind of Hammer Pattern on Daily Chart which also Hints for the Trend Reversal. On Sunday NEPSE need to meet 2 Condition for Confirmation of Trend Reversal. Condition 1 : NEPSE Need to At least Break 1970 Mark on Intraday Basis for the Hope that we are in the Process of forming the Morning Star Pattern, Unable to Break 1970 on Intraday Basis Indicates, that we are in the Process of forming the Inverted Flag Pattern. Condition 2 : NEPSE Need to Close Above 1978 Mark Lately by Monday Trading Session to confirm that we have Formed the Morning Star Pattern. Apart from that We are Witnessing a Slow and Steady Accumulation in Development Bank Sector as if it is Concentrating the Energy for its Second Attempt to give a very Strong Bullish Break Out on Daily Chart, Lets See Whether it Breaks the 4250/- on closing basis or Not in Next Week, Lets See.. Happy Investment !! « Last edit by deepak_mm on Thu May 09, 2024 6:33 pm. »
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#40 Thu May 09, 2024 9:20 am
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Member
Registered: Oct 2017
Posts: 2147
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Yesterday Micro Finance Index Gave the Bullish Break Out as it managed to close above 4250/- on Closing Basis.
Finance Index has already Given the Bullish Break when it Managed to Close above 2000/-.
Only Bikas Bank Sector is struggling to give the Bullish Break Out, last time it surpassed 4250 but could managed to Hold above 4250/-.
Now 2 more Attempts are left for the Bikas Bank Sector, the First attempt it Failed.
Let's see What is Next ??
Happy Investment !!
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#41 Tue May 07, 2024 9:02 pm
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Member
Registered: Oct 2017
Posts: 2147
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After 3 black Crow Pattern on Daily Chart now NEPSE has formed a Doji Pattern with a +Ve Bais and to some it might look like Inverted Hammer too.
To Me it looks like an Early Indication of a Morning Star Pattern to Confirm NEPSE need to Close Abive 1978/- for Confirmation. Once it manages to close above 1978 it indicates a Trend Reversal on Daily Chart.
As the Market is already in Over Sold Zone and Now the Volume has also dried up hints for a Possible Morning Star Pattern in the Upcoming Trading Session.
After Booking Profit at 2000+ Level few Days ago today Re-entered the Market for the Next Technical Play in the Market.
Disclosure : Equity Investment are subjected to Market Risk, One must do a Proper Reserach before making any Financial Decesion.
Happy Trading !!
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#42 Tue May 07, 2024 8:28 am
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Member
Registered: Oct 2017
Posts: 2147
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Yesterday All the Sectorial Index was in Red Except for the Bikas Bank Index which was in Green and was showing lot of Resiliance in the Falling Market.
Looking at the Market Data it seems that Bikas Bank Index is getting Ready to make a Second Attempt to break its Resitance of 4250/- .
Will it Break the Resistance Level in the Current week ??
I Personaaly Feel the Correction Cycle is Over for the Bikas Bank and Yesterday it Popped its Head Up in the Bad Market Conditions which is a ++ VE Sign for Bikas Bank.
Let's Hope for the Best and Finger Crossed 🤞.
Happy Investment !!
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#43 Mon May 06, 2024 12:44 pm
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Member
Registered: Oct 2017
Posts: 2147
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Looking at the Current Market Depth the Stock Pick for Today has to be From Bikas Bank Sector !!
Let's see the Final Result by 3 PM.
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#44 Mon May 06, 2024 6:45 am
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Member
Registered: Oct 2017
Posts: 2147
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Yesterday we witnessed 24.58 Downfall in NEPSE which was Trigeered by the Correction in the Bull leader Sector Bikas Bank & Finance.
If Bull Leader Sector Correct then Other Remaining Sector will automatically Correct that's the Behaviour of the Market.
Yesterday Looking at the Market Depth The Bull Leader Bikas Bank & Finance Sector has completed its Correction and Profit Booking Session Cycle is too Completed.
Now Fresh Entry can be Made in Bikas Bank & Finance Sector and its time to Ignore where NEPSE INDEX is going.
HAPPY INVESTMENT !!
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#45 Sat May 04, 2024 8:07 am
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Member
Registered: Oct 2017
Posts: 2147
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For the Week 3 Sectorial Index gained more then 5% which are :-
1. Finance Index 2. Devlopment Bank Index 3. Micro Finance Index.
Among the 3 we witnessed 80% Profit Booking Session Over for Finance Sector, 65% Profit Booking session over for Devlopment Banks Sector. and 20% Profit Booking Session over for Micro Finance.
Of the estimated 8 Billion Fresh Money Approx 5.3 Billion of Fresh Money has already entered the Market, and Remaining 2.7 Billion Still to enter the Market.
During the Week Devlopment Bank Index broke its Resistance of 4250/- on a Intraday Basis but failed to break it the closing basis, Attempt 1 Failed but is likely to make 2 More Attempts, In the Next upcoming sessions, In the Next 2 Attempts if it fails again then we will give an Exit Call on Devlopment Banks Sector.
Happy Investment !!
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#46 Wed May 01, 2024 7:45 am
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Member
Registered: Oct 2017
Posts: 2147
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Yesterday Development Index made a New 52 Week High of 4286.53 ndex and Finally Settled @ 4196.11 a gain of 4.9% for the Banking Index.
Finance Index too made a New 52 Week High of 2329.66 and Finally Settled @ 2198.96 a Loss of 1.18%.
Few Updates on 3 Traders Favourates stocks in Finance Sector :-
1. The All Time Record High of PFL is 824/- thus 800/- will Act as the Resistance for PFL.
2. The All time Record High of JFL is 723/- thus 618 will be the First Resistance thus followed by R2 of 665/- & R3 of 700/-
3. The Last All time Record High of NFS was @ 517 & is Well Broken and Yesterday it made a New All time Record High of 590/- and Settled @ 563.90/- a gain of 4.68%.
Among the 3 Technically I Like NFS as it has concisely Broken its Resistance and has entered an Uncharted Teritorry Zone, A surpass of 600/- will Trigger a Fresh Round of Buying by the Traders.
Market Statics show that the Trader and Investor who missed the Rally in the Finance Sector is seen entering the Devlopment Bank Sector, Devlopment Bank Index need to SURPASS 4250/- on closing Basis for the Momemtum to Continue else it will Fizzle out.
Whether Devlopment Banks Index breaks 4250 on closing basis or Not ?? But Low Cap Devlopment Banks are seen continuation of the Momentum.
Happy Investment !!
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#47 Tue Apr 30, 2024 6:06 am
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Member
Registered: Oct 2017
Posts: 2147
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As Said Earlier the Race Leader NFS, PFL and JFL in Finance Sector will hit 500 Soon, But Among them PFL has surpassed 700 Mark.
FINANCE Index after Hitting 52 Week High of 2066.85 on 9 April 2024 underwent correction and Yestersay it Hit a New 52 Week High of 2225.26/-.
As said Earlier that the New Bull in the NEPSE will be Lead by Finance and Devlopment Bank Sector, and Currently we are Witnessing the Early Moves in these 2 asectors.
I have also said that the Average Price of Bikas Bank & Finance will Beat the Average Price of Micro Finance sooner or Later.
Either Bikas Bank & Finance will catch up the Price or Micro Finance will adjust it Price.
Updates on Fresh Money we are Still Evaluting.
Happy Investment !
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#48 Sun Apr 28, 2024 4:18 pm
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Member
Registered: Oct 2017
Posts: 2147
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Today we Witnessed the Rake Bull in the Market which was triggered by the Fresh Money Hitting the Market.
Of the Projected 8 Arab Fresh Money to hit the Market from Today Onwards, The Estimated amount of 1.2 Arab of Fresh Money has hit the Market today and another estimated 6.8 Arab of Fresh Money in a Q to hit the Market in Upcoming Trading Session.
Today looking at the Market Depth and the Gain in the Segment The Flavor of the Market Seemed to be;-
Finance & Bikas Bank.
Happy Investment !!
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#49 Wed Apr 24, 2024 9:39 pm
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Member
Registered: Oct 2017
Posts: 2147
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As per our Study there are Approx 25 Lakh Salaried Individulas in Nepal among them 5 Lakh Individuals and working in Good Institution Including Goverment & Private.
As the Calender Year 2080 is over and Approx 5 Lakh Salaried Individuals are likely to Receive Leave Encashment Money, Leave Encashment Money is approx Equivalent to 1 Month Dalary.
Considering an Average Salary of 30,000 Per Month, 5 Lakh Individuals all together will Receive 5 Lakh into 30 thousand which is Equal to 15 Arab.
Leave Enchasment money generally get disbursed from 14 Baisakh onwards.
Among the amount of 15 Arab 15%-60% will hit stock market, is Roughly estimated that 8 Arab of Fresh Money to Hit the Market.
Don't know what Market do on last trading Day ie Thursday but I See a Rake Bull from Sunday Onwards.
After Remaining Silent in the Market since Last 1 month will start Deploying cash in the Market on Thursday the 13 Baisakh.
Happy Investment 😊!!
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#50 Wed Apr 24, 2024 7:24 am
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Member
Registered: Oct 2017
Posts: 2147
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Today is an Important Day for the Market.
If NEPSE breaks 1960/- Mark on Closing basis it will Create further Pain for the 92% of the Investor.
But few Stocks will continue to Outperform despite Negative Move in NEPSE INDEX.
Time to Pick outpeforming Stocks during these down tick.
Buy Right Hold Tight !!
Happy Investment !!
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