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