I see many posting in Twitter, Facebook and YouTube that technical analysis shows tomorrow this is going to happen and it almost never works. Even if it works, it feels like coincidence.
Even talks like in fight of bulls and bears, bull won today isn’t suitable for NEPSE as we have no short selling and no one is actually trying to pull the prices down.
Note: It’s just my opinion and I’m a not a PRO .
More at: r/NepalStock by duck_student
3 comments
I totally agree with you. Nepse dances to its own tune. No amount of analysis is going to work
din bhari red candle…. m%%l & i$f$ ani last minute ma +15% in trading chart n +10% positive circuit in last minute and form a green big candle..
You are naive to think nobody is trying to pull the price down …the market is heavily manipulated so investors can buy cheap….
Regarding technical analysis….its about getting more rights than wrong in the long term…