Part 1: Rundown and Technical Analysis
The NEPSE index gained for two days and lost for three days in the five trading days this week. The market is closed on Fridays and Saturdays every week.
The NEPSE index closed at 2,661.44 this week after a loss of 71.07 points (-2.6%). The index had closed at 2,732.51 last week with a loss of 2.46% from the week before that.
This week, the index went as high as 2,750.09 and as low as 2,654.98, hence witnessing volatility of 95.11 points. In the previous week, the index had seen volatility of 88.77 points.
Analysis of Trend
The NEPSE index is up only around 2% compared to the same date last year. It is down around 16% from the all-time high of 3,198.60 created around five…
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