NEPSE Weekly Update 27 December

During the month of December the index opened higher with a gap at around 2080 levels but failed to sustain or push further beyond about 5 times. Had the level sustained and pushed further high, 2060 would have been violated and violated good as it would have been a gapped up opening and running further but past Thursday it was the lowest close amongst at 2038, bringing the index back below 2060 level. This could tell a lot different versions of stories, but the one that is playing in my mind is.. Correct me if I am wrong. There is a pre-market that runs from 10 AM to 11 AM. And a normal market that runs from 11AM till 3 PM generally. Now, I am not sure an ordinary trader/investor has access to that pre-market. If not then the question is who does. What I am trying to understand here is, the market opened gapped up (that is during the pre-market) and during the normal market that idea is denied and pulled back down. Whoever has access to the pre-market is somehow privileged(?) and are trying to make a run but the counterpart is like well not so fast. This seems a real tussle in between (See the weekly chart). Waiting for a couple of more days to see who convinces whom and who raises the hands first. It seems, 2060 first and then 2100 levels need to be cleared for further upside runs. In the meantime, the index seems to be consolidating between 2060 and 1900 levels. With the majority of Sub-Indexes either in consolidation or correction mode, we are anticipating a consolidation in NEPSE as well in coming days. 

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Please note that due to market volatility, some of the above sight prices may have already been reached and scenarios played out. Trade in your own discretion.