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  3. NEPSE Daily Market Wrap (2026-04-22): Closing Analysis Volume and Smart Money Activity
2 min readApril 22, 2026(Updated: April 22, 2026)

NEPSE Daily Market Wrap (2026-04-22): Closing Analysis Volume and Smart Money Activity

Quick Answer

Smart money flowed into NHPC (1,359,069 shares) and RSML today as NEPSE down 2.95 pts. 83/346 stocks above MACD zero line. Volume and smart money flow analysis.

Table of Contents

Smart money flowed into NHPC (1,359,069 shares) and RSML today as NEPSE down 2.95 pts. 83/346 stocks above MACD zero line. Volume and smart money flow analysis.

NEPSE Market Wrap — 2026-04-22

NEPSE closed at 2804.17, down -2.95 points (-0.10%) from the previous close of 2807.12. The index traded between 2762.37 (low) and 2818.05 (high), opening at 2810.04.

Where did smart money flow today? Volume analysis reveals institutional interest patterns.

Top 10 by Turnover (Smart Money Signals)

SymbolCompanySectorLTPChange% ChangeVolume
NHPCNational Hydro Power Company LimitedHYDROPOWER3100.004.03%1,359,069
RSMLReliance Spinning Mills LimitedMANUFACTURE42300.00-1.40%78,222
SOHLSolu Hydropower LimitedHYDROPOWER7950.00-0.63%405,197
HFINHotel Forest Inn LimitedHOTELS12370.00-10.75%228,921
SYPNLSY Panel Nepal LimitedMANUFACTURE16450.00-2.08%165,604
SHIVMSHIVAM CEMENTS LTDMANUFACTURE6800.000.00%377,641
AKJCLAnkhu Khola Jalvidhyut Company LtdHYDROPOWER3830.002.13%565,231
RIDIRidi Power Company Ltd.HYDROPOWER355.30.001.51%556,476
NGPLNgadi Group Power Ltd.HYDROPOWER4500.000.45%437,114
HRLHimalayan Reinsurance LimitedOTHERS695.20.00-1.11%237,218

Volume + Price Analysis

  • NHPC: 1,359,069 shares — UP +4.03% (accumulation)
  • RSML: 78,222 shares — DOWN -1.40% (distribution)
  • SOHL: 405,197 shares — DOWN -0.63% (distribution)
  • HFIN: 228,921 shares — DOWN -10.75% (distribution)
  • SYPNL: 165,604 shares — DOWN -2.08% (distribution)

Market Breadth

  • 19 advancing vs 19 declining — neutral breadth
  • A/D Ratio: 1.00

MACD Momentum Check

  • Stocks above MACD zero line: 9 of 10 analyzed
  • Bullish crosses today: 2
  • Bearish crosses today: 0

Conclusion

Smart money activity was concentrated in NHPC (HYDROPOWER) and RSML (MANUFACTURE). Majority of analyzed stocks have MACD above zero — overall bullish momentum.

Key Points

  • Volume leader: NHPC (1,359,069)
  • MACD above zero: 9/10
  • Bullish crosses: 2
  • Bearish crosses: 0
  • Breadth: 19 vs 19
  • A/D Ratio: 1.00

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