📊 NEPSE Daily Chart Analysis: Key Levels, Momentum Signals & Entry-Exit Plan

📊 NEPSE Daily Chart Analysis: Key Levels, Momentum Signals & Entry-Exit Plan

The NEPSE index is currently navigating a tight range, showing signs of indecision but also potential for breakout. Let’s decode the chart and outline a strategic plan for the coming sessions.

🔍 Current Snapshot

Close: 2607.37 (slightly down by 0.06%)
Volume: 3.498B (below the 20-day average of 4.944B)
RSI (14): 48.63 – neutral zone, neither overbought nor oversold
ADX (14): 17.48 – weak trend strength
MA/EMA Cross:
- EMA(5): 2613.29
- MA(9): 2624.16
- MA(44): 2587.83

📈 Trend & Momentum Insights

The price is hovering just below short-term moving averages (EMA 5 and MA 9), suggesting mild bearish pressure.
The 44-day SMA at 2587.83 is acting as a dynamic support.
RSI near 50 indicates consolidation; no strong momentum yet.
ADX below 20 confirms a weak trend – ideal for range trading or waiting for breakout confirmation.

🎯 Upcoming Levels to Watch

Type	Level	Commentary
Resistance	2625–2630	Near MA(9); breakout above this could trigger bullish momentum
Support	2585–2590	Near MA(44); breakdown below this may invite selling pressure
Breakout Zone	2635+	Above this, momentum traders may enter
Breakdown Zone	2575−	Below this, trend followers may short or exit

🛠️ Entry & Exit Strategy

✅ Entry Plan

Bullish Entry: If NEPSE closes above 2630 with volume > 5B, consider entering with a short-term target of 2670–2700.
Pullback Entry: If price dips to 2585–2590 and RSI remains above 45, consider buying with stop-loss at 2570.

❌ Exit Plan

Profit Booking: Near 2670–2700 if entered above 2630.
Stop-Loss: Below 2570 for long positions; below 2630 for breakout trades if momentum fails.

📌 Final Thoughts

NEPSE is in a wait-and-watch mode. Traders should stay nimble, respecting support-resistance zones and watching for volume confirmation. With ADX low and RSI neutral, patience is key until a clear breakout or breakdown emerges.

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