NEPSE 2026-10-28: index 2,664.06 (+33.30 pts, +1.27%). RSI(14) 66.32, close above the 20-day SMA of 2,606.81; turnover Rs 7.46 billion. Read: positive.
NEPSE Daily Closing Nepal — 2026-10-28
The NEPSE index rose 33.30 points (+1.27%) to finish at 2,664.06 against a previous close of 2,630.76. Intraday the index ranged from 2,626.86 to 2,664.06 after opening at 2,626.86.
Strength and Weakness
Strengths: index +1.27% on the day; breadth 241 up vs 35 down; close above the 20-day SMA (2,606.81); close above the 50-day SMA (2,603.52); MACD histogram +7.26; 12 of 13 sub-indices higher. Weaknesses: none by these measures.
Market Breadth
The advance-decline count came in at 241 up against 35 down, with 3 unchanged, for an A/D ratio of 6.89. Put another way, 86.38% of the 279 equities with a recorded change closed up, out of 348 scrips traded in total. The previous session (2026-10-27) had 134 advancers against 136 decliners.
Technical Snapshot
On the daily chart, the close is above the 20-day SMA of 2,606.81 (+2.20%), above the 50-day SMA of 2,603.52 (+2.33%), below the 200-day SMA of 2,689.71. The 14-day RSI sits at 66.32, which is neutral territory. MACD(12,26,9) reads 9.88 against a signal line of 2.62, a positive histogram of +7.26 that is widening.
What to Watch
Checkpoints for the next session, drawn only from the levels above:
- A close above 2,671.04 (the 2026-09-23 swing high) would clear the nearest overhead level.
- A close below 2,629.22 (the 2026-08-12 swing low) would break the nearest support.
- The 20-day SMA at 2,606.81 is the short-term trend line to track.
- RSI(14) at 66.32 leaves 3.68 points room before the 70 overbought line.
- Follow-through in the leaders (BENH, BPCL) is the tell for continuation.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). Five sessions back the index was at +1.63%, so it is 2,621.26 since then and +0.64% over 21 sessions; the last five closes split 4 up, 1 down, with a 2-session winning streak now. Price, breadth, the 20-day average and MACD together score the close as positive under the fixed rules used here. That is a description of the current state, not a prediction.