NEPSE 2026-11-03: index 2,664.13 (+6.63 pts, +0.25%). RSI(14) 60.00, close above the 20-day SMA of 2,618.93; turnover Rs 5.65 billion. Read: positive.
NEPSE Market Today — 2026-11-03
At the close NEPSE stood at 2,664.13, a move of +6.63 points (+0.25%) on the day from 2,657.50. It opened at 2,653.73 and traded between 2,643.03 (low) and 2,664.13 (high).
Breakout or Correction?
The test is simple: the prior 20-session range was 2,557.30 to 2,712.99, so a close above it is a breakout and a close below it a breakdown. Today's close of 2,664.13 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -10.28% 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 21.10 points (0.79% of the previous close) and the index closed 100.00% 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 -10.28% from that high and +6.50% above that low.
Support and Resistance
Below the market the first swing low is 2,629.22, printed on 2026-08-12 and 1.31% beneath the close. Resistance by the same definition is 2,671.04 (2026-09-23), which is 0.26% higher. A swing point here is a high or low that beats the three sessions either side of it. The 20-day band is 2,557.30 to 2,712.99.
Technical Snapshot
From the daily closes, the close is above the 20-day SMA of 2,618.93 (+1.73%), above the 50-day SMA of 2,605.93 (+2.23%), below the 200-day SMA of 2,690.97. RSI(14) is 60.00, in the neutral zone. MACD(12,26,9) reads 18.79 against a signal line of 11.73, a positive histogram of +7.06 that is narrowing.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). Over five sessions the index is 2,630.76 (from +1.27%) and over 21 sessions +1.94%; the last five closes were 3 up and 2 down. Combining price, breadth, the 20-day average and MACD, the rule-based read is positive. That is a description of the current state, not a prediction.