Nepse Eyes 1087 -898 Before Bullish Move

Nepal Stock Exchange #Nepse topped at 1888.36 from the low of 257. The move from 257 to 1888.36 was quite bullish which is called motive wave as per Elliot Wave theory. Where wave (3) was extended.

From the historical high of 1888.36 #Nepse begun its correction. Where we could see Wave (c) is near to completion. Another powerful theory Fibonacci indicates that #Nepse still has to fall around 1058 - 898 before it begins Bullish journey.

Investment Idea: Long (as much as you can)
Hold: at least 5 years For Nepse arround 2560

Nepse Weekly Elliott Wave Analysis

BOK | Bank of Kathmandu #BOKL Get Ready To Buy

BOKL moved in 5 wave fashion from its lowest price Rs 250 dated August 8 2018. From the lowest price of Rs 250 Bank of Kathmandu #BOKL moved towards Rs 350 dated September 25 2018. Topped at Rs 350, Bank of kathmandu #BOKL made a retracement of 50% towards Rs 298 dated December 9 2018. The correction from Rs 350 to Rs 298 is in 3 waves.
Bottomed at Rs 298 Bank of Kathmandu #BOKL moved towards Rs 345 in 5 waves whic h can be wave (1) of III).  If Bank of kathmandu get support above Rs 298 and moves up then we could a see a bullish rally.
Investment Idea

• Buy on deep above Rs 298 For Rs 450
• Invalidation of wave count: Below Rs 298

#BOKL Bank of kathmandu daily chart.

Nepse Trading Higher For 1800 or Higher

Nepse completed correction at 1537 level with ending diagonal pattern of wave C). Ending diagonal is common reversal pattern of Elliott Wave theory.
Higher volume supported by bullish RSI indicates that Nepse is trading in impulsive wave.
Bulls hold your buy position and add more during corrections. We will see Nepse above 1800 level very soon.
Nepse Technical Analysis(Elliott Wave) Chart.

NEPSE Eyes Towards 1800 - Elliott Wave Analysis

Nepse made correction since April 2017. As per Elliott Wave Nepse completed ABC correction for wave 4). Now it is heading towards wave 5) which will be impulsive in nature. Initially Nepse targets towards 1800 level.
Swing traders are suggested to take long positions on good stocks.

NEPSE Daily Elliott Wave Chart

Nepse - Bulls will rule, begin to Buy

Nepse trading into corrective channel with overlapping price action which is correction as per Elliott Wave theory. Nepse trades near corrective channel support line where many waves [c), (C),4)] will complete.
Bears are trying hard to make the final push down. It is the right time to enter the market. Very soon Bulls will rule the Bears.

Nepse Daily Elliott Wave Analysis

 

Nepse- Bulls Getting Ready To Enter

Nepse made nice impulsive move towards 1746. Wave 3) moved impulsive fashion with in 5 sub waves. Nepse topped on 3rd April 2017 with the support of bearish reversal candle. Recently Nepse trades in range with corrective fashion. Once it establishes wave 4) above invalidation level, then we will see next big move on Nepse towards 1800 level.
Nepse Daily Elliott Wave Analysis Chart