The document analyzes the NEPSE stock index and FBBL stock. It indicates that the NEPSE completed a head and shoulders pattern and will likely move sideways in the next week. For FBBL, it is on the verge of breaking out of a support and resistance pattern, and if the resistance is broken investors can expect the price to rise to the next resistance level. The document provides buy recommendations for FBBL at Rs. 325 with target prices of Rs. 350-390.

1. NEPSE INDEX ANALYSIS DESCRIPTION
Banking Index Development Index Finance Index Hydropower Index Insurance Index
In our 4th edition of newsletter , we indicated
NEPSE Index chart pattern formation of H &
S Pattern .As we are analyzing index ,we saw
Head and Shoulder pattern was a complete
with NEPSE all time high 1230.64 intraday high
on 25 jan 2016. After completion chart pattern
market moves in a consolidation phase.
This indicates NEPSE INDEX move next week
in sideways movement.
TECHNICAL NEWSLETTER
R2-2168.63
R1-2155.07
Pivot -2146.00
S1-2132.44
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R2-5469.16
R1-5439.16
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Date: 01/28/2016
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Vol. 1 Issue 8
R2 -1121.59
R1 -1114.08
Pivot -1110.32
S1 -1102.81
S2 -1099.05
R2-1215.75
R1-1213.00
Pivot- 1207.49
S1-1204.74
S2-1199.23
R2-586.83
R1-586.30
Pivot -585.25
S1-584.72
S2-583.67
Current Sub-Index
1178.5
Current Index
1216.11
FEWA BIKAS BANK LTD (FBBL) DESCRIPTION
Contact Us:
Email: sharechart2015@gmail.com
Kamalpokhari Mob:- 9801140245
The above figure shows FBBL SUPPORT AND RESISTANCE BREAKOUT PATTERN .
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.
R2-2168.63
R1-2155.07
Pivot -2146.00
S1-2132.44
S2-2123.37
R2-5469.16
R1-5439.16
Pivot -5424.16
S1-5394.16
S2-5379.16
FBBL, It is the verge of breaking from
support and resistance pattern.When
prices breaks through resistance they
can be expected to rise up to the
next level of resistance.For an
uptrend to continue, each successive
price thrust should be able to break
up through the level of resistance
which stopped the previous price
thrust and each price reaction must
complete at a higher support level
than the previous price reaction,
which can be shown by black line
crossing where red line is support
and green line is resistance where
breakout point indicate for new
trend with two touches target points.
R2 -1121.59
R1 -1114.08
Pivot -1110.32
S1 -1102.81
S2 -1099.05
R2-1215.75
R1-1213.00
Pivot- 1207.49
S1-1204.74
S2-1199.23
R2-586.83
R1-586.30
Pivot -585.25
S1-584.72
S2-583.67
Buy at Rs.325 above
Target at Rs.350-390
Stop-loss at Rs.Below 320
CMP-340
Email: sharechart2015@gmail.com
Kamalpokhari Mob:- 9801140245