The Nepse index gained 33 points last week to close at 1666, supported by high trading volumes. Technical indicators like MACD and RSI show the market remains in a bullish trend above the 50-day and 200-day moving averages. Immediate support is at 1483 with resistance at 1700, and the bullish momentum may help break through resistance this week. Overall, market volatility has increased but conditions remain positive.