13/01/2026
1. Current situation (what just happened)
Big red candle after a sharp spike up
This shows profit booking / rejection from higher level
👉 Buyers tried to push price up, but sellers dominated.
2. Resistance levels (very important)
Strong resistance zones visible:
282–285 → Bollinger middle band + previous supply
303–305 → Major resistance
317 → Very strong resistance (previous high)
📌 Price was rejected from ~295–300 zone, which is bearish short-term.
3. Support levels
Key supports:
273 → Immediate support (price is sitting here now)
265–262 → Strong support (lower Bollinger band)
250 → Major psychological support
If 273 breaks, next stop is 265–262.
4. Bollinger Bands analysis
Price touched upper band earlier → overbought
Now moving back toward middle band
Bands were expanded → volatility spike
Now volatility is cooling
👉 This usually leads to sideways or pullback.
5. Volume analysis
High volume on spike
Lower volume afterward
This confirms:
Spike was not sustainable
Mostly short-term traders exited
6. Trend bias (short-term)
Short-term: Neutral to Bearish
Medium-term: Sideways
No strong uptrend yet.
7. Trading-style conclusion
If you are holding:
As long as 273 holds → OK
Below 273 → be cautious
Below 262 → weakness confirmed
If you want to buy:
❌ Do NOT buy at resistance
✅ Better zones:
265–262 (safer)
Or break & close above 285 with volume
If you want to sell:
280–285 zone is good for partial exit
Full exit if 262 breaks
8. One-line summary
RHPL is in a volatile sideways phase; rejection from resistance suggests short-term weakness unless it breaks above 285 with volume.
If you want, I can also:
Combine this with P/E, P/B, ROE (fundamental view)
Give clear buy–hold–sell levels
Explain this chart in very beginner-friendly Nepali/English mix
