OHLC price action analysis for 2026-05-06: NEPSE opened 2718.07, high 2724.27, low 2705.55, closed 2711.22. 4 stocks closed at day high. Key support and resistance levels explained.
NEPSE Key Levels & Price Action — 2026-05-06
NEPSE closed at 2711.22, down -1.64 points (-0.06%) from the previous close of 2712.86. The index traded between 2705.55 (low) and 2724.27 (high), opening at 2718.07.
Understanding price action through today's OHLC data and key support/resistance levels.
Top Gainers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| FOWAD | 1110 | 1314 | 1109 | 1300 | Upper Half Close (Bullish) |
| ULHC | 511.1 | 572.6 | 499 | 570 | Upper Half Close (Bullish) |
| NICGF2 | 9.3 | 9.78 | 9.15 | 9.78 | Closed at High (Strong) |
| SIGS3 | 10.4 | 10.9 | 10.4 | 10.9 | Closed at High (Strong) |
| KBLD90 | 1200 | 1236 | 1200 | 1236 | Closed at High (Strong) |
Top Losers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| BGWT | 690 | 700 | 586.5 | 628.6 | Lower Half Close (Bearish) |
| NABBC | 1067 | 1096 | 1005 | 1020 | Lower Half Close (Bearish) |
| MEL | 236 | 239 | 228 | 229 | Lower Half Close (Bearish) |
| SIPD | 875 | 898 | 855 | 865 | Lower Half Close (Bearish) |
| GMLI | 1301.3 | 1339 | 1275 | 1280 | Lower Half Close (Bearish) |
Key Support & Resistance Levels
- FOWAD: Support: Rs. 1109 | Resistance: Rs. 1314 | Prev Close: Rs. 1143
- ULHC: Support: Rs. 499 | Resistance: Rs. 572.6 | Prev Close: Rs. 538
- NICGF2: Support: Rs. 9.15 | Resistance: Rs. 9.78 | Prev Close: Rs. 9.3
- SIGS3: Support: Rs. 10.4 | Resistance: Rs. 10.9 | Prev Close: Rs. 10.42
- BGWT: Support: Rs. 586.5 | Resistance: Rs. 700 | Prev Close: Rs. 690
- NABBC: Support: Rs. 1005 | Resistance: Rs. 1096 | Prev Close: Rs. 1100
- MEL: Support: Rs. 228 | Resistance: Rs. 239 | Prev Close: Rs. 239
- SIPD: Support: Rs. 855 | Resistance: Rs. 898 | Prev Close: Rs. 900
Reading the Patterns
- Close at High: 4 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 NICGF2) show strong demand, while those at lows indicate supply pressure. Use these levels for next-session trading decisions.