How did NEPSE Index and Non Life Insurance look from AI ?

The Nepali stock market index NEPSE rose on the first day of the week amid sharp fluctuations. Today we are going to analyze how the Sunday market has shaped and what strategy investors will make in the future.

Looking at Sunday's Nepali stock market gauge NEPSE technically, it does not seem to have given a chance to buy completely. However, some sub-sub index have given the opportunity to buy. But technical analysts have said that if NEPSE does not give a bye, even if other sub-indicators and companies give a bye, it will not be completely safe. However, according to their analysis, there may be benefits for the investors who take Riks.

Looking at Fibonacci Nepse Indicator:

NEPSE, the main indicator of the Nepali stock market, has not given a bye yet. Fibonacci says that investors should buy only if the NEPSE indicator crosses the point of 2088. It seems that the first target after that is 2 thousand 112. If NEPSE crosses that point, then the second target is 2,215. Similarly, the third target of Nepse index is 2,383, which is also visible in this chat.

Non Life Insurance:

So far, Non Life Insurance has been the most successful in the sub-index. Looking at Fibonacci, it seems that non-life insurance gave a bye on Sunday itself. Here you will be able to see it clearly even in the lick.

The bye time of Non Life Insurance is 10 thousand 394. Which seems to have passed. It seems that the first target after that is 10 thousand 985. If it crosses that point, then the second target is 11,575. Similarly, the third target of Non Life Insurance is 12 thousand 531.