NEPSE Update 20 March

Wave 5 Correction continuation. Counter-correction move seen recently. This update is in relation to that.

Waiting to see if the right shoulder is at 2475 or 2575 or none. If 2475/2575 validates the neckline 2365 will be activated and if breached, we will be seeing the final correction towards 2070 (of the Impulse Wave), the level at which the W4 had started. If level 2070 validates and confirms, then there will be a massive new position opportunities. If none, then we will revise.

#tradewithramesh #nepalstock #sharemarket #sharebazaar #NEPSE

Please note that due to market volatility, some of the above sight prices may have already been reached and scenarios played out. This post is a part of freelance research and MUST NOT BE taken as an Investment Advice or so forth. Investing money in the capital market without proper knowledge or professional assistance can result in substantial losses. Trade in your own discretion.