Key levels for 2026-04-16: NEPSE support 2822.68, resistance 2869.51. RLEL support Rs.1055. 124/346 MACD in uptrend. RSI and MACD trend direction analysis with support/resistance levels.
NEPSE Support, Resistance & Trend — 2026-04-16
NEPSE closed at 2833.03, down -33.83 points (-1.18%) from the previous close of 2866.87. The index traded between 2822.68 (low) and 2869.51 (high), opening at 2868.87.
Key Levels for Top Movers
| Symbol | Support (Low) | Resistance (High) | Close | Prev Close | Trend |
|---|---|---|---|---|---|
| RLEL | Rs. 1055 | Rs. 1138.6 | Rs. 1138.6 | Rs. 1035.1 | Bullish |
| SKHEL | Rs. 999.9 | Rs. 1078.3 | Rs. 1078.3 | Rs. 980.3 | Bullish |
| SIPD | Rs. 372.5 | Rs. 416 | Rs. 416 | Rs. 378.2 | Bullish |
| HFIN | Rs. 924.7 | Rs. 997.2 | Rs. 997.2 | Rs. 906.6 | Bullish |
| PCIL | Rs. 407.2 | Rs. 439.2 | Rs. 439.2 | Rs. 399.3 | Bullish |
| SINDU | Rs. 750.6 | Rs. 817.4 | Rs. 755 | Rs. 834 | Bearish |
| BEDC | Rs. 427.5 | Rs. 470 | Rs. 438 | Rs. 475 | Bearish |
| BJHL | Rs. 1167 | Rs. 1300 | Rs. 1191 | Rs. 1286 | Bearish |
| CREST | Rs. 1227 | Rs. 1280 | Rs. 1230 | Rs. 1290 | Bearish |
| KKHC | Rs. 275 | Rs. 289 | Rs. 276 | Rs. 289 | Bearish |
RSI Trend Direction
- HHL: RSI 67.5 — Strong uptrend (above 60).
- NHPC: RSI 61.6 — Strong uptrend (above 60).
- UNL: RSI 54.7 — Mild uptrend (above 50). Making higher lows ✅
- FOWAD: RSI 64.7 — Strong uptrend (above 60).
- HPPL: RSI 66.0 — Strong uptrend (above 60).
MACD Trend Direction
- CHL: MACD 0.99 — Bullish territory. Momentum: Expanding. 🟢 Fresh bullish cross
- HHL: MACD 9.04 — Bullish territory. Momentum: Expanding.
- UMHL: MACD 3.03 — Bullish territory. Momentum: Expanding.
- AHL: MACD 5.83 — Bullish territory. Momentum: Expanding.
- FOWAD: MACD 19.79 — Bullish territory. Momentum: Expanding.
Overall Trend Assessment
Broad uptrend — 60%+ stocks have MACD above zero. Key support levels to watch: SINDU at Rs. 750.6, BEDC at Rs. 427.5, BJHL at Rs. 1167.