Monday, June 19, 2017

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

 

Monday, June 12, 2017

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

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 wav...