NEPSE 2026-10-29: index 2,695.60 (+31.54 pts, +1.18%). RSI(14) 71.77, close above the 20-day SMA of 2,610.69; turnover Rs 8.57 billion. Read: positive.
NEPSE Daily Closing Nepal — 2026-10-29
At the close NEPSE stood at 2,695.60, a move of +31.54 points (+1.18%) on the day from 2,664.06. It opened at 2,660.23 and traded between 2,658.78 (low) and 2,695.63 (high).
Strength and Weakness
Strengths: index +1.18% on the day; breadth 181 up vs 91 down; close above the 20-day SMA (2,610.69); close above the 50-day SMA (2,604.35); MACD histogram +9.99; 13 of 13 sub-indices higher. Weaknesses: none by these measures.
Market Breadth
Market breadth: 181 advanced, 91 declined and 6 closed unchanged among the equities traded, an advance/decline ratio of 1.99. Put another way, 65.11% of the 278 equities with a recorded change closed up, out of 350 scrips traded in total. For comparison, 2026-10-28 finished with 240 up and 35 down.
Technical Snapshot
From the daily closes, the close is above the 20-day SMA of 2,610.69 (+3.25%), above the 50-day SMA of 2,604.35 (+3.50%), above the 200-day SMA of 2,690.09. The 14-day RSI sits at 71.77, which is overbought territory. MACD(12,26,9) reads 15.12 against a signal line of 5.12, a positive histogram of +9.99 that is widening.
What to Watch
Checkpoints for the next session, drawn only from the levels above:
- The close is at a 60-session high; the 52-week high of 2,969.50 is the next reference.
- A close below 2,629.22 (the 2026-08-12 swing low) would break the nearest support.
- The 20-day SMA at 2,610.69 is the short-term trend line to track.
- RSI(14) at 71.77 leaves no room before the 70 overbought line.
- Follow-through in the leaders (BENH, SOPL) is the tell for continuation.
Trend Direction
The close is above all three moving averages (20-day, 50-day and 200-day). Five sessions back the index was at +2.65%, so it is 2,625.93 since then and +1.56% over 21 sessions; the last five closes split 4 up, 1 down, with a 3-session winning streak now. Price, breadth, the 20-day average and MACD together score the close as positive under the fixed rules used here. Nothing here is advice — it is what the closing data shows.