In current bear cycle, we had seen many jhandimar stock still maintaining 200+, while banks were trading below 200. Since a month, jhandimar and weak hydros have fallen below 150 and many following same. hidclp has fallen below par value.
In my opinion, we are yet to hit the bottom of bear and eventually jhandimar hydros will hit two digit, only after that bull cycle shall start. Someone need to plot elliot wave or something like that.
you feedbacks are welcomed.
View on r/NepalStock by captainright1
Highlights:
- The Cryptocurrency debate: Is legitimacy necessary?
- Stock Trading in Nepal – An Introduction
- STOCK MARKET PSYCHOLOGY 101 (Market Emotion cycle/ Greed & Fear cycle) [SAVE for future reference!]
- Introductory Tips on Trading Stocks
- Yo Kun stock hola. Nepse ra Development bank yetro up and down huda yo stock majjale accumulate bhako chha ๐๐. (Karma enough nabhayera photo halna milena)
we have been at the bottom of the bear cycle for almost a year now….
SEBON accepting all those IPO(with premium) and right share of bad company has/will create huge supply in NEPSE. But there hasn’t been much demand to counter that supply. So, gloomy days of NEPSE will not be over so soon.