Kathmandu: The NEPSE index closed down 7.5 percent last week. NEPSE, which closed at 2974.46 points last week, decreased by 7.56 percent or 224.89 points to 2749.57 points last week.
In the market that opened for 4 trading days last week, NEPSE decreased on 3 trading days and increased only on one trading day. On Wednesday of last week, NEPSE closed with a slight increase.
Last week, the NEPSE index fell and close to the support zone. Currently, the coverage area of NEPSE is from 2600 to 2660. If NEPSE goes down in the next trading day, it will get support in that area. However, if it goes up, it seems that it will face resistance in the area of 2930 to 3005.
Last week, the MACD line of NEPSE is below the signal line. Likewise, the NEPSE histogram is also in the negative zone. This indicates that the NEPSE was in a bearish trend last week.