NEPSE 2026-10-06: index 2,578.73 (+11.97 pts, +0.47%). RSI(14) 44.44, close below the 20-day SMA of 2,594.63; turnover Rs 3.14 billion. Read: neutral.
NEPSE Market Today — 2026-10-06
The NEPSE index rose 11.97 points (+0.47%) to finish at 2,578.73 against a previous close of 2,566.76. Intraday the index ranged from 2,557.30 to 2,581.58 after opening at 2,559.20.
Breakout or Correction?
The test is simple: the prior 20-session range was 2,513.35 to 2,679.90, so a close above it is a breakout and a close below it a breakdown. Today's close of 2,578.73 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -13.16% from the 52-week high of 2,969.50 and +4.43% above the 52-week low of 2,469.37.
Range Context
The intraday span was 24.28 points (0.95% of the prior close), with the close sitting 88.26% up from the low of the range. Zooming out, the past 20 sessions ran from 2,524.55 to 2,679.90, while the 52-week low and high are 2,469.37 (2025-10-26) and 2,969.50 (2026-03-25); the close stands -13.16% from that high and +4.43% above that low.
Support and Resistance
Support, defined as the closest swing low under the close, is 2,546.69 from 2026-07-14, 1.24% below. The nearest swing high above it is 2,656.54 (2026-08-13), 3.02% away. A swing point here is a high or low that beats the three sessions either side of it. The 20-day band is 2,524.55 to 2,679.90.
Technical Snapshot
From the daily closes, the close is below the 20-day SMA of 2,594.63 (-0.61%), below the 50-day SMA of 2,621.40 (-1.63%), below the 200-day SMA of 2,690.08. The 14-day RSI sits at 44.44, which is neutral territory. The MACD(12,26,9) line is at -5.06 with the signal at -2.84, leaving a negative histogram of -2.22, and the gap is widening.
Trend Direction
All three moving averages (20-day, 50-day, 200-day) sit above the close. The five-session change is -0.96% (from a close of 2,603.71) and the 21-session change +2.22%, with 2 of the last five closes up and 3 down. Combining price, breadth, the 20-day average and MACD, the rule-based read is neutral. It summarises the tape; it is not a forecast.