NEPSE 2026-11-03: index 2,664.13 (+6.63 pts, +0.25%). RSI(14) 60.00, close above the 20-day SMA of 2,618.93; turnover Rs 5.65 billion. Read: positive.
NEPSE Daily Closing Nepal — 2026-11-03
NEPSE closed at 2,664.13, up 6.63 points (+0.25%) from the previous close of 2,657.50. It opened at 2,653.73 and traded between 2,643.03 (low) and 2,664.13 (high).
Strength and Weakness
Strengths: index +0.25% on the day; breadth 143 up vs 122 down; close above the 20-day SMA (2,618.93); close above the 50-day SMA (2,605.93); MACD histogram +7.06; 9 of 13 sub-indices higher. Weaknesses: none by these measures.
Market Breadth
Market breadth: 143 advanced, 122 declined and 14 closed unchanged among the equities traded, an advance/decline ratio of 1.17. Put another way, 51.25% of the 279 equities with a recorded change closed up, out of 349 scrips traded in total. On 2026-11-02 the count was 20 advancers to 252 decliners.
Technical Snapshot
On the daily chart, the close is above the 20-day SMA of 2,618.93 (+1.73%), above the 50-day SMA of 2,605.93 (+2.23%), below the 200-day SMA of 2,690.97. RSI(14) is 60.00, in the neutral zone. MACD(12,26,9) reads 18.79 against a signal line of 11.73, a positive histogram of +7.06 that is narrowing.
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 2,618.93 is the short-term trend line to track.
- RSI(14) at 60.00 leaves 10.00 points room before the 70 overbought line.
- Follow-through in the leaders (SIPD, RFPL) is the tell for continuation.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). Over five sessions the index is 2,630.76 (from +1.27%) and over 21 sessions +1.94%; the last five closes were 3 up and 2 down. Combining price, breadth, the 20-day average and MACD, the rule-based read is positive. That is a description of the current state, not a prediction.