NEPSE Technical Screener Strategy for Stock Selection

With 325 stocks on NEPSE, finding the best ones to trade manually is impossible. A technical screener automates this process by filtering stocks based on predefined technical criteria. Here is how to use screener strategies effectively.

What is a Technical Screener?

A screener scans all stocks against your criteria and returns only those that match. On NEPSE, our screener analyzes 200+ technical indicators across 325 stocks daily and assigns composite scores.

Screener Strategy 1: Momentum Breakout

Criteria: Composite > 70, RSI 55-75, Volume ratio > 1.5, Trend = strong_uptrend. Results: SJCL (77.4), KBL (76.8), NBF3 (76.4), SHEL (76.2), MPFL (75.7), NHPC (75.4). These 6 stocks combine strong momentum with trend confirmation.

Screener Strategy 2: Golden Cross + Volume

Criteria: golden_cross = true, vol_ratio > 1.0. Results: LEC (76.3, vol: 1.2x), BHL (73.9), CZBIL (72.0), MLBL (70.9). These stocks have crossed the critical 50/200 MA level with decent volume.

Screener Strategy 3: Oversold Bounce

Criteria: RSI < 35, composite > 45, trend not = downtrend. Results: SAMAJ (RSI: 16.9) - deeply oversold but requires further analysis of fundamentals. This is a contrarian strategy with higher risk.

Screener Strategy 4: Sector Leaders

Pick top stock from each sector: Banking - KBL (76.8), Hydropower - SJCL (77.4), Finance - MPFL (75.7), Manufacturing - SHIVM (79.9), Life Insurance - NLIC (74.5), Non-Life - RBCL (74.3).

Building Your Own Screen

Start with: (1) Composite score > 65, (2) Strong uptrend signal, (3) Volume above average, (4) RSI between 40-75. Then narrow based on your trading style: add golden cross for trend following, or candlestick patterns for swing trading.

Technical screeners save hours of manual analysis. Use the composite scoring system to quickly identify the best stocks from 325 on NEPSE. Start with broad filters and narrow based on your strategy.