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