OHLC price action analysis for 2026-05-04: NEPSE opened 2740.05, high 2742.58, low 2697.14, closed 2704.08. 6 stocks closed at day high. Key support and resistance levels explained.
NEPSE Key Levels & Price Action — 2026-05-04
NEPSE closed at 2704.08, down -34.64 points (-1.26%) from the previous close of 2738.72. The index traded between 2697.14 (low) and 2742.58 (high), opening at 2740.05.
Understanding price action through today's OHLC data and key support/resistance levels.
Top Gainers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| FOWAD | 1100 | 1260.4 | 1082 | 1260.4 | Closed at High (Strong) |
| JHAPA | 1564 | 1689 | 1551.1 | 1689 | Closed at High (Strong) |
| HEIP | 317.1 | 330 | 317.1 | 329 | Upper Half Close (Bullish) |
| CCBD88 | 1233 | 1233 | 1233 | 1233 | Closed at High (Strong) |
| NICGF2 | 9.05 | 9.57 | 9.05 | 9.57 | Closed at High (Strong) |
Top Losers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| CORBL | 2300 | 2300 | 2040 | 2098 | Lower Half Close (Bearish) |
| MKHL | 532 | 532 | 502 | 511 | Lower Half Close (Bearish) |
| NABBC | 1157 | 1184 | 1070 | 1094 | Lower Half Close (Bearish) |
| SABBL | 1350 | 1399 | 1239.7 | 1241 | Lower Half Close (Bearish) |
| SAIL | 1230 | 1404 | 1165 | 1166 | Lower Half Close (Bearish) |
Key Support & Resistance Levels
- FOWAD: Support: Rs. 1082 | Resistance: Rs. 1260.4 | Prev Close: Rs. 1096
- JHAPA: Support: Rs. 1551.1 | Resistance: Rs. 1689 | Prev Close: Rs. 1564
- HEIP: Support: Rs. 317.1 | Resistance: Rs. 330 | Prev Close: Rs. 317.1
- CCBD88: Support: Rs. 1233 | Resistance: Rs. 1233 | Prev Close: Rs. 1197.3
- CORBL: Support: Rs. 2040 | Resistance: Rs. 2300 | Prev Close: Rs. 2400
- MKHL: Support: Rs. 502 | Resistance: Rs. 532 | Prev Close: Rs. 559
- NABBC: Support: Rs. 1070 | Resistance: Rs. 1184 | Prev Close: Rs. 1192
- SABBL: Support: Rs. 1239.7 | Resistance: Rs. 1399 | Prev Close: Rs. 1349
Reading the Patterns
- Close at High: 6 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 FOWAD) show strong demand, while those at lows indicate supply pressure. Use these levels for next-session trading decisions.