Stock market's behavior - Mark Douglas: Trading In the zone

There are no limits to the market's behavior. It can do anything at any moment. As a matter of fact, because every person who trades is a market variable, it can be said that any single trader can cause virtually anything to happen.

Support & Resistance Psychology

To understand the psychology of activity at support and resistance, we need to first understand the different postures or positions that traders may have at any price point.

Nepse down by 9.44 to close at 910.62

बजार घटेका बेला सेयर किनेका केही स्टक ब्रोकर तथा ठूला लगानीकर्ता छोटो समयमै नाफा बुक गरेका कारण १७ अंकले बृद्धि भएको बजार ९.४४ अंकले घटेर बन्द भएको छ। मंगलबार मात्र बजार पाँच प्रतिशतभन्दा वढीले बृद्धि भएको थियो।

Brokers responsible for Nepse's decline

बजार घटेका बेला सेयर किनेका केही स्टक ब्रोकर तथा ठूला लगानीकर्ता छोटो समयमै नाफा बुक गरेका कारण १७ अंकले बृद्धि भएको बजार फेरि घटेको छ।

Nepse hits 5% upper circuit breaker to close at 920.06 level.

The Nepse index opened in the green zone today and the trading was eventually suspended for the day in the last minute as the benchmark index hit 5.08 percent upper circuit breaker.

Is Nepse's History Repeating - View on Bearish run.

A brief history of NEPSE Index so that we can make some analogies to the present market scenario:
20th DEC 2007- 1055.73
24th MARCH 2008- 704.5(Correction before completing the bull, difference of 351.23(-33.26%)

Views on Bearish Nepse - Investor's Panic converting to hysteria.

Too bad the market is so much down. The spiral effect of the "1% directive" from the NRB has hurt Nepali share market so badly. I do not know about the motivating factors for the NRB bureaucrats, but certainly they are responsible for this down turn. This is not a normal market correction.

3 Simple Rules to select Profitable & Risk-Free Stocks from Secondary Market.

Ridi hydropower’s IPO to debut on July 4 at Rs 338

Ridi Hydropower Development Company Limited has signed the listing agreement with Nepal Stock Exchange Limited today. It means that it will debut at the trading floor on July 4.
 
Ridi’s company secretary Alok KC said that though the company planned to finished distributing most of the certificates within by June 6, the certificate distribution took longer than they expected. The Ridi’s primary scrip is expected to debut at Rs 338 per share though the opening price brand is Rs 101.87 to Rs 305.10.

Executive Director of the company Guru Prasad Neupane claimed that there is high demand for Ridi’s share in that the company is expected to make a net profit of Rs 6.5 crore in the current fiscal year itself, which can entail a bonus share of 10 percent.

Kumari Bank endorses 14% bonus share

Kumari Bank Limited’s 13 Annual General Meeting has formally endorsed 14 percent bonus shares and 0.74 percent cash dividend to the shareholders from the net profit it posted in the last fiscal year 2069/70.

The AGM held in the capital has also elected four directors among the promoter shareholders and one public director.

Incumbent chairman Noor Pratap Rana and directors Uttam Prasad Bhattarai and Naresh Dugar have been relected to the Board of Directors from among the promoters.
Similarly, Santosh Kumar Lama has also been elected as a new director from among the promoters.

Puna Ram Bhandari has been elected as the public director.

The tenure of the promoter directors will be four years at the most and the tenure of the public director to be elected through the AGM will be three years at the most in line with the tenure of the two public directors earlier elected to the board.

Kumari Bank Limited had posted 5.82 percent growth in profit in the last fiscal year.

The bank made profits of Rs 29.15 crore, a slight growth over Rs 27.55 crore reported in the previous fiscal year.

It has also posted notable profit by the end of the third quarter

It posted 14 percent net profit by the end of the third quarter, especially from the write back of Rs 3.45 crore and non operating income of Rs 34.58 lakh though the bank’s net interest income has decreased from Rs69.36 crore to Rs 58.71 crore by the end of the third quarter.

During the AGM, the bank officials informed that they plan to mobilize Rs 29.34 arba in deposit and Rs 24.57 arba in loan by the end of the fiscal year.

The bank with 28 branches, two extension counters and 39 ATMs also plans to add eight more branches in near future. It is also building its own building at Naxal in Kathmandu.

Kumari Bank Limited had posted 5.82 percent growth in profit in the last fiscal year. -SSN

Sanima Mai IPO gets listed today, Kalika and Naya Nepal to be listed in first week of Magh

The Initial Public Offering (IPO) shares of Sanima Mai Hydropower Limited (SHPC) has finally been listed, according to highly placed sources at Nepal Stock Exchange Limited.

“We have signed the listing agreement with Sanima Mai executives today. Since the company’s chairperson is out of the country and the CEO is out of station, other officials came up with the mandate to ink the listing agreement,” the source told today.

Stock market likely to maintain bullish trend

Amid euphoria among investors who are feeling more optimistic about the prospects of a more comfortable environment for investment, the upward journey of the Nepal Stock Exchange (Nepse) Index is expected to continue and surpass 2013´s record of 806.82 points.

They hope to benefit from a rallying secondary stock market this year against the backdrop of improvement in the political situation of the country.

The Nepse Index -- which measures the investors´ confidence in the capital market -- reached a five-year high on December 18 to close at 806.82 points. Daily turnover also touched an all-time high of Rs 810 million the following day.

Nabil Balanced Fund-1 NAV nudges to 13.31, yet Rs 11.88 at NEPSE

Nabil Balanced Fund-1, a closed-end 5 years mutual fund scheme managed by Nabil Investment Banking Limited, has reported an impressive growth of its net asset value (NAV) to Rs 13.31 for the month of Mangshir, up from 11.64 posted in Ashwin.

The significant growth the mutual fund witnessed over the month is attributed to the overall rally in the market, more than other factors such as better understanding of such schemes and the dividend the scheme is pledging, which is better than the pledged amount.

Insurance Board halted transaction of NB Insurance due to financial troubles.

The Insurance Board (IB) has halted the entire transaction of NB Insurance, which has long been facing financial troubles.

The board took the step on Sunday after the non-life insurance company failed to implement the directives issued by the insurance sector regulator. IB Spokesperson Raj Kumar Aryal said they halted the company’s transactions after it was found not implementing the directives of the board, besides being in poor financial condition.

Nepse at five-year high of 806.82 points

Nepal Stock Exchange (Nepse) index marched to five-year high of 806.82 points on Wednesday, gaining 35.62 points, or 4.62 percent, compared to Monday. Market had remained closed due to public holiday on Tuesday.

The benchmark index had climbed to 806.9 points on November 13, 2008. However, the benchmark index went on a freefall after that plunging to 292.31 points on June 15, 2011.
Though investors are putting more money on the stock market, some are taking Nepse´s bullish trend with caution.

NEPSE again hits 5% circuit breaker; forced to close in just 1.5 hours

The share market was forced to close for the day after the NEPSE hit the third circuit breaker with 5 percent rise in the benchmark index, owing to unprecedented trading.

The market, which started one hour behind the schedule owing to technical snag of the NEPSE intranet, had hardly trade for more than one and a half hours before the market was closed for the day at 772.37 levels at 2:32 PM, after hitting the third circuit breaker.

Why is Nepal Bangladesh Bank Ltd is rapidly rising in nepal stock market ?

The share price of Nepal Bangladesh Bank Limited is rising at an astounding rate in the stock market – faster than most other scrips of listed companies.

What could be the reasons behind it?

Even the experts seem a bit perplexed by the almost meteoric rise in the price of NBB shares.

SEBON urges investors to ‘pause and think’ before investing on Stocks

This has made the Securities Board of Nepal (SEBON) a little wary, though it does not yet feel that the market has heated up to a dangerous level, which requires its intervention.

“Earlier the election results, and now the Basel III, have propelled the market to a new height. We are a bit worried about the rate of growth since it could lead to a bubble like those days when the market had breached 1150 levels,” says SEBON spokesperson Niraj Giri.

Reasons for NEPSE's Bullish trends.

The average daily turnover of Nepal Stock Exchange hovers around Rs 38 crore after the November 19 Constituent Assembly election , which is more than double the amount compared to pre-polls trading just a month ago.

NEPSE Index up despite profit booking by investors

The stock index rose despite the heavy profit booking by investors on increased share prices this week — December 8 to 12.

The index gained 6.5 points — one per cent — on the week’s trading, following last week’s never-seen-before jump.