NEPSE 2026-11-02: index 2,657.50 (-32.65 pts, -1.21%). RSI(14) 58.61, close above the 20-day SMA of 2,615.91; turnover Rs 7.18 billion. Read: neutral.
NEPSE Daily Report Nepal — 2026-11-02
The NEPSE index fell 32.65 points (-1.21%) to finish at 2,657.50 against a previous close of 2,690.15. It opened at 2,690.10 and traded between 2,651.15 (low) and 2,691.10 (high).
Candlestick Read
The daily candle is a solid bearish candle (body covers most of the range): open 2,690.10, high 2,691.10, low 2,651.15, close 2,657.50. The body measures 32.60 points against shadows of 1.00 (upper) and 6.35 (lower), leaving the close 15.89% of the way from the low to the high. The session opened 0.05 points below the prior close.
NEPSE OHLC
The session's index prints:
| Field | Value |
|---|---|
| Previous close | 2,690.15 |
| Open | 2,690.10 |
| High | 2,691.10 |
| Low | 2,651.15 |
| Close | 2,657.50 |
| Change | -32.65 (-1.21%) |
| Range | 39.95 points |
| Candle | solid bearish candle (body covers most of the range) |
Support and Resistance
Support, defined as the closest swing low under the close, is 2,629.22 from 2026-08-12, 1.06% below. Resistance by the same definition is 2,671.04 (2026-09-23), which is 0.51% higher. These levels are three-session pivots from the last 60 sessions; for context the 20-day range is 2,557.30 to 2,712.99.
Range Context
The day's range was 39.95 points (1.49% of the previous close) and the index closed 15.89% of the way up that range. Zooming out, the past 20 sessions ran from 2,557.30 to 2,712.99, while the 52-week low and high are 2,501.49 (2026-09-01) and 2,969.50 (2026-03-25); the close stands -10.51% from that high and +6.24% above that low.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). Five sessions back the index was at 2,629.82, so it is +1.05% since then and +1.05% over 21 sessions; the last five closes split 3 up, 2 down, with a 2-session losing streak now. On the rule set (price, breadth, 20-day average, MACD) the read is neutral. That is a description of the current state, not a prediction.