Part 1: Rundown and Technical Analysis
There were only four trading days this week. The exchange was closed on Tuesday on the occasion of Women’s Day. The market is closed on Fridays and Saturdays every week.
The NEPSE index closed at 2,566.90 this week after a gain of 19.86 points (0.78%). The index had closed at 2,547.04 last week with a loss of 2.43% from the week before that.
This week, the index went as high as 2,568.11 and as low as 2,499.03, hence witnessing volatility of 69.08 points. In the previous week, the index had seen volatility of 69.74 points.
Analysis of Trend
The NEPSE index is up only around 4% compared to the same date last year. It is down around 20% from the all-time high of 3,198.60…
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