The issue with NEPSE is the lack of risk management tools. Buyers often feel frustrated when purchasing during a correction, as they have no way to manage their risk once the shares are deposited into their DEMAT accounts.
Vicious cycle of correction extension.
If this is truly a sideways market, what gets accumulated now could yield significant returns in the next rally.
Watch the buying behavior and enter with confirmation. #Nepsenexus#Nepse
Sunday’s trading day is crucial for the market's short-term direction.
But if NEPSE can’t hold or break 3000, a test of the 2900 zone is likely. And if 2900 breaks, prepare for sideways movement or correction to the 2800-2650 region.
#NEPSE#StockMarket