Part 1: Rundown and Technical Analysis
The NEPSE index gained for three days and lost for two days in the five trading days this week. The market is closed on Fridays and Saturdays every week.
The NEPSE index closed at 2,732.51 this week after a loss of 69.05 points (-2.46%). The index had closed at 2,801.56 last week with a loss of 2.61% from the week before that.
This week, the index went as high as 2,783.89 and as low as 2,695.12, hence witnessing volatility of 88.77 points. In the previous week, the index had seen volatility of 130.08 points.
Analysis of Trend
The NEPSE index is up around 5% compared to the same date last year. However, it is down around 15% from the all-time high of 3,198.60 created around…
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