OHLC price action analysis for 2026-04-16: NEPSE opened 2868.87, high 2869.51, low 2822.68, closed 2833.03. 7 stocks closed at day high. Key support and resistance levels explained.
NEPSE Key Levels & Price Action — 2026-04-16
NEPSE closed at 2833.03, down -33.83 points (-1.18%) from the previous close of 2866.87. The index traded between 2822.68 (low) and 2869.51 (high), opening at 2868.87.
Understanding price action through today's OHLC data and key support/resistance levels.
Top Gainers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| RLEL | 1055 | 1138.6 | 1055 | 1138.6 | Closed at High (Strong) |
| SKHEL | 999.9 | 1078.3 | 999.9 | 1078.3 | Closed at High (Strong) |
| SIPD | 372.5 | 416 | 372.5 | 416 | Closed at High (Strong) |
| HFIN | 924.7 | 997.2 | 924.7 | 997.2 | Closed at High (Strong) |
| PCIL | 407.2 | 439.2 | 407.2 | 439.2 | Closed at High (Strong) |
Top Losers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| SINDU | 817.4 | 817.4 | 750.6 | 755 | Lower Half Close (Bearish) |
| BEDC | 465.5 | 470 | 427.5 | 438 | Lower Half Close (Bearish) |
| BJHL | 1286 | 1300 | 1167 | 1191 | Lower Half Close (Bearish) |
| CREST | 1270 | 1280 | 1227 | 1230 | Lower Half Close (Bearish) |
| KKHC | 289 | 289 | 275 | 276 | Lower Half Close (Bearish) |
Key Support & Resistance Levels
- RLEL: Support: Rs. 1055 | Resistance: Rs. 1138.6 | Prev Close: Rs. 1035.1
- SKHEL: Support: Rs. 999.9 | Resistance: Rs. 1078.3 | Prev Close: Rs. 980.3
- SIPD: Support: Rs. 372.5 | Resistance: Rs. 416 | Prev Close: Rs. 378.2
- HFIN: Support: Rs. 924.7 | Resistance: Rs. 997.2 | Prev Close: Rs. 906.6
- SINDU: Support: Rs. 750.6 | Resistance: Rs. 817.4 | Prev Close: Rs. 834
- BEDC: Support: Rs. 427.5 | Resistance: Rs. 470 | Prev Close: Rs. 475
- BJHL: Support: Rs. 1167 | Resistance: Rs. 1300 | Prev Close: Rs. 1286
- CREST: Support: Rs. 1227 | Resistance: Rs. 1280 | Prev Close: Rs. 1290
Reading the Patterns
- Close at High: 7 stocks — strong buying, likely continuation
- Close at Low: 0 stocks — persistent selling
- Long lower shadow (hammer): Stocks that opened low but recovered — potential reversal signals
Conclusion
OHLC data reveals conviction levels. Stocks closing at highs (like RLEL) show strong demand, while those at lows indicate supply pressure. Use these levels for next-session trading decisions.