I know the market is bearish and now is the time to buy but I am in debt and should really sell some of the shares. My portfolio is dominated by hydropower, insurance and bank, and lastly microfinance. So, could you tell which to sell?

More at: r/NepalStock by ghdBenill

  1. As the market clearly indicates to be going in sideways rather than upward. It seems that big players have already exited the market and the volume reveals that even the mid term and short term traders sold a lot. So the volume needs to accumulate first before moving upward to higher high. In my opinion, the market will hit sideways until dashain and then possibly the big players will re-enter the game at the end of October or November and as per historical data,buyer are highly active during November and December and the market goes boom at April until July-August. This is just my observation since one year. I may not be entirely correct but it’s just what historical data says.
    Bulls be with us ­čĺÜ

  2. Looks like the correction will end soon. We can already see decrease in volume and other technical analysis also tells us that correction will most likely end soon. So better hold good stocks and dump stocks with bad fundamentals and wait. I have more than 30 lakh of blue chip stocks and am not even worried a bit.

  3. sell the ones that have high prices eg finance, hydro, dev banks
    buy the ones which have low prices eg banks, insurance, micros

Leave a Reply

Your email address will not be published.

You May Also Like

Nepal Vs India on Stock Exchange. Memetainment.

Nepal Vs India on Stock Exchange. Memetainment. More at: r/NepalStock by duck_student

Need of another Stock Exchange in Nepal and its relevance?

SEBON made it public that it was speeding up the process of…

what’s the news about NTC ?? Technically or fundamentally??

Its share value is rising continually since a week or two. Even…

Daily Discussion Thread (Monday – Jan 03, 2022)

Use this post to discuss what to buy/sell/trade/avoid/watch today and in the…

Daily Discussion Thread (Tuesday – Aug 10, 2021)

Use this post to discuss what to buy/sell/trade/avoid/watch today and in the…