The document analyzes the NEPSE index and indicates it will likely move in a bullish trend next week based on a completed head and shoulders pattern. It provides resistance and support levels for several indexes. It also discusses a volatility indicator analysis showing prices are relatively high above the upper Bollinger band and low below the lower band. The MACD indicator is above the central line, also indicating a bullish sign. Current market price and buy/target levels are given for SANIMA BANK LIMITED.

1. NEPSE INDEX ANALYSIS DESCRIPTION
Banking Index Development Index Finance Index Hydropower Index Insurance Index
In our 4th edition and 8th edition of
newsletter , we indicated NEPSE Index chart
pattern formation of H & S Pattern .As we are
analyzing index ,we will see Head and Shoulder
pattern is complete with NEPSE at 1320 index level.
Now index is psychological level 1300 .
This indicates NEPSE INDEX move next week in
bullish trend.
TECHNICAL NEWSLETTER
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Date: 03/03/2016
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Vol. 1 Issue 13
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Current Index - 1300.7
SANIMA BANK LIMITED (SANIMA) DESCRIPTION
Contact Us:
Email: sharechart2015@gmail.com
Kamalpokhari Mob:- 9801140245
According to Bollinger, the
bands should contain price action,
which makes a move outside the
bands significant.Technically, prices
are relatively high when above the
upper band and relatively low
when below the lower band. As
with other indicators, Bollinger
Bands are not meant to be used as
a stand alone tool. Using for
supporting indicator,The MACD
indicator is also above central line
which indicates bullish sign.we can
point out on the above figure.
The above figure shows a volatilly indicator analysis.
Note:This newsletter(sharechart) provides impersonal educational stock trading
information . All material presented within is not to be regarded as investment advice,
but for general informational purposes only.
R2-2247.48
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Pivot -2225.28
S1-2217.88
S2-2203.08
R2-5667.38
R1-5628.04
Pivot -5549.37
S1-5510.03
S2-5431.36
R2 -1188.66
R1 -1187.08
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Pivot- 1314.93
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S2-1245.14
R2-719.03
R1-705.03
Pivot -677.02
S1-663.02
S2-635.01
Current Market Price Rs.760
Buy at above Rs.750
Target at Rs.860
Email: sharechart2015@gmail.com
Kamalpokhari Mob:- 9801140245