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  3. NEPSE Daily Report Nepal (2026-05-15): Candlestick Pattern and Key Levels Explained
2 min readMay 15, 2026(Updated: May 15, 2026)

NEPSE Daily Report Nepal (2026-05-15): Candlestick Pattern and Key Levels Explained

Quick Answer

OHLC price action analysis for 2026-05-15: NEPSE opened 2726.98, high 2744.05, low 2724.88, closed 2731.94. 6 stocks closed at day high. Key support and resistance levels explained.

Table of Contents

OHLC price action analysis for 2026-05-15: NEPSE opened 2726.98, high 2744.05, low 2724.88, closed 2731.94. 6 stocks closed at day high. Key support and resistance levels explained.

NEPSE Key Levels & Price Action — 2026-05-15

NEPSE closed at 2731.94, up +1.77 points (+0.06%) from the previous close of 2730.17. The index traded between 2724.88 (low) and 2744.05 (high), opening at 2726.98.

Understanding price action through today's OHLC data and key support/resistance levels.

Top Gainers — OHLC Analysis

SymbolOpenHighLowClosePattern
MEL225245223238Upper Half Close (Bullish)
RBCL15346154001492015400Closed at High (Strong)
VLUCL471487471487Closed at High (Strong)
BPCL711711670.2695.9Upper Half Close (Bullish)
HIDCLP202206.6201.8206.6Closed at High (Strong)

Top Losers — OHLC Analysis

SymbolOpenHighLowClosePattern
UNHPL507.3507.3453.9455Lower Half Close (Bearish)
CREST1268.41268.410601137.8Lower Half Close (Bearish)
NRM375.1383356358Lower Half Close (Bearish)
SPC487487450452Lower Half Close (Bearish)
RAWA586.1599586588Lower Half Close (Bearish)

Key Support & Resistance Levels

  • MEL: Support: Rs. 223 | Resistance: Rs. 245 | Prev Close: Rs. 226.1
  • RBCL: Support: Rs. 14920 | Resistance: Rs. 15400 | Prev Close: Rs. 14900
  • VLUCL: Support: Rs. 471 | Resistance: Rs. 487 | Prev Close: Rs. 473.1
  • BPCL: Support: Rs. 670.2 | Resistance: Rs. 711 | Prev Close: Rs. 677.5
  • UNHPL: Support: Rs. 453.9 | Resistance: Rs. 507.3 | Prev Close: Rs. 534
  • CREST: Support: Rs. 1060 | Resistance: Rs. 1268.4 | Prev Close: Rs. 1208
  • NRM: Support: Rs. 356 | Resistance: Rs. 383 | Prev Close: Rs. 375.1
  • SPC: Support: Rs. 450 | Resistance: Rs. 487 | Prev Close: Rs. 463.9

Reading the Patterns

  • Close at High: 6 stocks — strong buying, likely continuation
  • Close at Low: 1 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 RBCL) show strong demand, while those at lows indicate supply pressure. Use these levels for next-session trading decisions.

Key Points

  • Closed at high: 6 stocks
  • Closed at low: 1 stocks
  • MEL range: Rs.223-245
  • UNHPL range: Rs.453.9-507.3
  • OHLC reveals conviction levels
  • Key levels for next session set

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