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  3. NEPSE Today Analysis (2026-05-04): Support Resistance and Trend Direction Nepal
2 min readMay 4, 2026(Updated: May 4, 2026)

NEPSE Today Analysis (2026-05-04): Support Resistance and Trend Direction Nepal

Quick Answer

Key levels for 2026-05-04: NEPSE support 2697.14, resistance 2742.58. FOWAD support Rs.1082. 37/353 MACD in uptrend. RSI and MACD trend direction analysis with support/resistance levels.

Table of Contents

Key levels for 2026-05-04: NEPSE support 2697.14, resistance 2742.58. FOWAD support Rs.1082. 37/353 MACD in uptrend. RSI and MACD trend direction analysis with support/resistance levels.

NEPSE Support, Resistance & Trend — 2026-05-04

NEPSE closed at 2704.08, down -34.64 points (-1.26%) from the previous close of 2738.72. The index traded between 2697.14 (low) and 2742.58 (high), opening at 2740.05.

Key Levels for Top Movers

SymbolSupport (Low)Resistance (High)ClosePrev CloseTrend
FOWADRs. 1082Rs. 1260.4Rs. 1260.4Rs. 1096Bullish
JHAPARs. 1551.1Rs. 1689Rs. 1689Rs. 1564Bullish
HEIPRs. 317.1Rs. 330Rs. 329Rs. 317.1Bullish
CCBD88Rs. 1233Rs. 1233Rs. 1233Rs. 1197.3Bullish
NICGF2Rs. 9.05Rs. 9.57Rs. 9.57Rs. 9.31Bullish
CORBLRs. 2040Rs. 2300Rs. 2098Rs. 2400Bearish
MKHLRs. 502Rs. 532Rs. 511Rs. 559Bearish
NABBCRs. 1070Rs. 1184Rs. 1094Rs. 1192Bearish
SABBLRs. 1239.7Rs. 1399Rs. 1241Rs. 1349Bearish
SAILRs. 1165Rs. 1404Rs. 1166Rs. 1263Bearish

RSI Trend Direction

  • FOWAD: RSI 62.8 — Strong uptrend (above 60). Making higher lows Bearish divergence
  • RLEL: RSI 64.8 — Strong uptrend (above 60).
  • SKHEL: RSI 67.2 — Strong uptrend (above 60).
  • HFIN: RSI 61.5 — Strong uptrend (above 60).
  • LVF2: RSI 60.0 — Mild uptrend (above 50). Making higher lows

MACD Trend Direction

  • SBLD84: MACD 9.18 — Bullish territory. Momentum: Accelerating.
  • LVF2: MACD 0.09 — Bullish territory. Momentum: Accelerating.
  • GBBD85: MACD 1.92 — Bullish territory. Momentum: Positive.
  • FOWAD: MACD 9.78 — Bullish territory. Momentum: Accelerating. Fresh bullish cross
  • RMF1: MACD 0.02 — Bullish territory. Momentum: Accelerating. Fresh bullish cross

Overall Trend Assessment

Sideways/transitional — mixed MACD signals. Key support levels to watch: CORBL at Rs. 2040, MKHL at Rs. 502, NABBC at Rs. 1070.

Key Points

  • FOWAD: Support 1082, Resistance 1260.4
  • CORBL: Support 2040
  • MACD uptrend: 8/20
  • Top RSI: FOWAD at 62.8
  • Bullish crosses: 3
  • Trend: Cautious

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