12/05/2026
The correction from the 2802 level, as expected, is now visible.
From here, the market is likely to decline further, with the preferred count indicating a possible move toward at least 2425 and potentially as low as 2280.
Under the alternative count scenario, the market is still expected to retrace toward the 2612 level.
Nepse Update:
As anticipated, the current movement may only retrace up to the 2780–2804 range before declining again, potentially pushing the index down to at least 2612. If the market manages to hold above this level, further upward movement can be expected (minimum chance). Otherwise, a sharp decline could drive Nepse down to the 2425 at least, and at most to 2290 level (Highly expected).
Note: Trade at your own RISK. This is just for educational purpose only