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  3. NEPSE Today Analysis (2026-05-20): Support Resistance and Trend Direction Nepal
2 min readMay 20, 2026(Updated: May 20, 2026)

NEPSE Today Analysis (2026-05-20): Support Resistance and Trend Direction Nepal

Quick Answer

Key levels for 2026-05-20: NEPSE support 2720.75, resistance 2756.11. ULHC support Rs.470.5. 0/272 MACD in uptrend. RSI and MACD trend direction analysis with support/resistance levels.

Table of Contents

Key levels for 2026-05-20: NEPSE support 2720.75, resistance 2756.11. ULHC support Rs.470.5. 0/272 MACD in uptrend. RSI and MACD trend direction analysis with support/resistance levels.

NEPSE Support, Resistance & Trend — 2026-05-20

NEPSE closed at 2754.48, up +30.09 points (+1.10%) from the previous close of 2724.39. The index traded between 2720.75 (low) and 2756.11 (high), opening at 2721.72.

Key Levels for Top Movers

SymbolSupport (Low)Resistance (High)ClosePrev CloseTrend
ULHCRs. 470.5Rs. 561.2Rs. 561.2Rs. 488Bullish
MHNLRs. 260Rs. 292Rs. 292Rs. 261Bullish
BUNGALRs. 636Rs. 688.9Rs. 682.8Rs. 635.1Bullish
SIPDRs. 750.4Rs. 815Rs. 815Rs. 768Bullish
CITYRs. 363.2Rs. 389.8Rs. 389.7Rs. 368Bullish
CORBLRs. 1994.4Rs. 2497Rs. 1995Rs. 2300Bearish
BNLRs. 13968.1Rs. 14000Rs. 13968.1Rs. 14400Bearish
KBSHRs. 1500Rs. 1531.7Rs. 1500Rs. 1531.7Bearish
ANLBRs. 5790Rs. 6049.9Rs. 6049.9Rs. 6150Bearish
H8020Rs. 11.7Rs. 12Rs. 11.85Rs. 12Bearish

RSI Trend Direction

  • DHPL: RSI 55.5 — Mild uptrend (above 50). Making higher lows
  • GBLBS: RSI 61.3 — Strong uptrend (above 60). Making higher lows
  • CHL: RSI 56.2 — Mild uptrend (above 50). Making higher lows
  • DHEL: RSI 63.1 — Strong uptrend (above 60). Making higher lows
  • AKPL: RSI 55.6 — Mild uptrend (above 50). Making higher lows

MACD Trend Direction

  • MBL: MACD 0.41 — Bearish territory. Momentum: Accelerating.
  • SANIMA: MACD 4.45 — Bearish territory. Momentum: Accelerating.
  • H8020: MACD 0.03 — Bearish territory. Momentum: Accelerating.
  • LSL: MACD 1.50 — Bearish territory. Momentum: Accelerating.
  • NABIL: MACD 0.77 — Bearish territory. Momentum: Accelerating.

Overall Trend Assessment

Broad downtrend — less than 40% MACD positive. Key support levels to watch: CORBL at Rs. 1994.4, BNL at Rs. 13968.1, KBSH at Rs. 1500.

Key Points

  • ULHC: Support 470.5, Resistance 561.2
  • CORBL: Support 1994.4
  • MACD uptrend: 0/20
  • Top RSI: DHPL at 55.5
  • Bullish crosses: 0
  • Trend: Cautious

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