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  3. NEPSE Daily Report Nepal (2026-05-22): Candlestick Pattern and Key Levels Explained
2 min readMay 22, 2026(Updated: May 22, 2026)

NEPSE Daily Report Nepal (2026-05-22): Candlestick Pattern and Key Levels Explained

Quick Answer

OHLC price action analysis for 2026-05-22: NEPSE opened 2742.45, high 2758.49, low 2736.15, closed 2758.49. 2 stocks closed at day high. Key support and resistance levels explained.

Table of Contents

OHLC price action analysis for 2026-05-22: NEPSE opened 2742.45, high 2758.49, low 2736.15, closed 2758.49. 2 stocks closed at day high. Key support and resistance levels explained.

NEPSE Key Levels & Price Action — 2026-05-22

NEPSE closed at 2758.49, up +16.38 points (+0.60%) from the previous close of 2742.11. The index traded between 2736.15 (low) and 2758.49 (high), opening at 2742.45.

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

Top Gainers — OHLC Analysis

SymbolOpenHighLowClosePattern
CREST1140131811201318Closed at High (Strong)
MABEL665780665760Upper Half Close (Bullish)
BUNGAL708.7814680800Upper Half Close (Bullish)
AKJCL370402370402Closed at High (Strong)
SKHL890954.9878950Upper Half Close (Bullish)

Top Losers — OHLC Analysis

SymbolOpenHighLowClosePattern
RBCLPO12136.412136.41180011800Closed at Low (Weak)
SMFBS1525153515251535Upper Half Close (Recovery)
MKJC490500490490Closed at Low (Weak)
NMIC103010401001.11025Upper Half Close (Recovery)
MLBSL17801823.717801800Lower Half Close (Bearish)

Key Support & Resistance Levels

  • CREST: Support: Rs. 1120 | Resistance: Rs. 1318 | Prev Close: Rs. 1148
  • MABEL: Support: Rs. 665 | Resistance: Rs. 780 | Prev Close: Rs. 695
  • BUNGAL: Support: Rs. 680 | Resistance: Rs. 814 | Prev Close: Rs. 746
  • AKJCL: Support: Rs. 370 | Resistance: Rs. 402 | Prev Close: Rs. 375
  • RBCLPO: Support: Rs. 11800 | Resistance: Rs. 12136.4 | Prev Close: Rs. 12136.4
  • SMFBS: Support: Rs. 1525 | Resistance: Rs. 1535 | Prev Close: Rs. 1570
  • MKJC: Support: Rs. 490 | Resistance: Rs. 500 | Prev Close: Rs. 500.5
  • NMIC: Support: Rs. 1001.1 | Resistance: Rs. 1040 | Prev Close: Rs. 1040

Reading the Patterns

  • Close at High: 2 stocks — strong buying, likely continuation
  • Close at Low: 2 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 CREST) show strong demand, while those at lows indicate supply pressure. Use these levels for next-session trading decisions.

Key Points

  • Closed at high: 2 stocks
  • Closed at low: 2 stocks
  • CREST range: Rs.1120-1318
  • RBCLPO range: Rs.11800-12136.4
  • OHLC reveals conviction levels
  • Key levels for next session set

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