OHLC price action analysis for 2026-05-18: NEPSE opened 2737.46, high 2741.20, low 2722.67, closed 2730.91. 3 stocks closed at day high. Key support and resistance levels explained.
NEPSE Key Levels & Price Action — 2026-05-18
NEPSE closed at 2730.91, down -1.03 points (-0.04%) from the previous close of 2731.94. The index traded between 2722.67 (low) and 2741.20 (high), opening at 2737.46.
Understanding price action through today's OHLC data and key support/resistance levels.
Top Gainers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| IHL | 410 | 450 | 405 | 438 | Upper Half Close (Bullish) |
| BUNGAL | 590 | 631.5 | 589 | 627.1 | Upper Half Close (Bullish) |
| SMJC | 460 | 478 | 458 | 473 | Upper Half Close (Bullish) |
| UAIL | 436.5 | 455 | 436.5 | 455 | Closed at High (Strong) |
| BHCL | 503.1 | 523 | 503.1 | 517.6 | Upper Half Close (Bullish) |
Top Losers — OHLC Analysis
| Symbol | Open | High | Low | Close | Pattern |
|---|---|---|---|---|---|
| SYPNL | 1530 | 1540 | 1467 | 1474.9 | Lower Half Close (Bearish) |
| PCIL | 840 | 845 | 805.9 | 811.9 | Lower Half Close (Bearish) |
| BGWT | 690 | 700 | 632 | 669 | Upper Half Close (Recovery) |
| BNL | 14742.1 | 14742.1 | 14742.1 | 14742.1 | Closed at Low (Weak) |
| GMFBS | 1295.6 | 1326 | 1257.1 | 1296 | Upper Half Close (Recovery) |
Key Support & Resistance Levels
- IHL: Support: Rs. 405 | Resistance: Rs. 450 | Prev Close: Rs. 404
- BUNGAL: Support: Rs. 589 | Resistance: Rs. 631.5 | Prev Close: Rs. 589.8
- SMJC: Support: Rs. 458 | Resistance: Rs. 478 | Prev Close: Rs. 458
- UAIL: Support: Rs. 436.5 | Resistance: Rs. 455 | Prev Close: Rs. 441.9
- SYPNL: Support: Rs. 1467 | Resistance: Rs. 1540 | Prev Close: Rs. 1530
- PCIL: Support: Rs. 805.9 | Resistance: Rs. 845 | Prev Close: Rs. 839.8
- BGWT: Support: Rs. 632 | Resistance: Rs. 700 | Prev Close: Rs. 689.9
- BNL: Support: Rs. 14742.1 | Resistance: Rs. 14742.1 | Prev Close: Rs. 15198
Reading the Patterns
- Close at High: 3 stocks — strong buying, likely continuation
- Close at Low: 3 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 UAIL) show strong demand, while those at lows indicate supply pressure. Use these levels for next-session trading decisions.