NEPSE 2026-10-28: index 2,664.06 (+33.30 pts, +1.27%). RSI(14) 66.32, close above the 20-day SMA of 2,606.81; turnover Rs 7.46 billion. Read: positive.
NEPSE Market Today — 2026-10-28
At the close NEPSE stood at 2,664.06, a move of +33.30 points (+1.27%) on the day from 2,630.76. The session opened at 2,626.86, printed a high of 2,664.06 and a low of 2,626.86.
Breakout or Correction?
A breakout here means a close beyond the prior 20-session range of 2,557.30 to 2,671.04; a correction means a close below it. Today's close of 2,664.06 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -10.29% from the 52-week high of 2,969.50 and +6.50% above the 52-week low of 2,501.49.
Range Context
The day's range was 37.20 points (1.41% of the previous close) and the index closed 100.00% of the way up that range. The 20-session band is 2,557.30 to 2,671.04. The 52-week extremes are 2,501.49 (2026-09-01) and 2,969.50 (2026-03-25), so the close is -10.29% off the yearly high and +6.50% above the yearly low.
Support and Resistance
The nearest swing low below the close is 2,629.22 (set on 2026-08-12), 1.31% under the close. Overhead, the closest swing high is 2,671.04 from 2026-09-23, 0.26% above the close. These levels are three-session pivots from the last 60 sessions; for context the 20-day range is 2,557.30 to 2,671.04.
Technical Snapshot
On the daily chart, the close is above the 20-day SMA of 2,606.81 (+2.20%), above the 50-day SMA of 2,603.52 (+2.33%), below the 200-day SMA of 2,689.71. RSI(14) is 66.32, in the neutral zone. MACD(12,26,9) reads 9.88 against a signal line of 2.62, a positive histogram of +7.26 that is widening.
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 +1.63%, so it is 2,621.26 since then and +0.64% over 21 sessions; the last five closes split 4 up, 1 down, with a 2-session winning streak now. On the rule set (price, breadth, 20-day average, MACD) the read is positive. Nothing here is advice — it is what the closing data shows.