NEPSE Tomorrow: What April 1 Could Look Like Based on Today's Close

After NEPSE's positive close at 2,851.09 on March 31, 2026, all eyes turn to what April 1, 2026 (Wednesday) could bring for Nepal's stock market. With five upper circuit stocks likely carrying unmatched buy orders, Manufacturing sector momentum, and Banking's KBL showing accumulation, the setup leans positive — but key resistance at 2,880-2,900 could cap the upside in the near term.

Market Setup for April 1, 2026

Nepal's stock market heads into April 1, 2026 (Wednesday) with several tailwinds from the previous session:

• NEPSE at 2,851.09 — above the key 2,850 psychological level
• 8 of 9 sectors positive — broad market participation
• Manufacturing leading at +1.94% — sector momentum remains
• Five circuit stocks — carry-over buy orders likely
• KBL accumulation — 1.56M shares on a positive close

Circuit Stock Carry-Over Analysis

Stock	Circuit Price (Rs)	Carry-Over Potential	Risk
RSML	2,679.30	High — 2,097 shares × Rs 2,679 = significant value in buy orders	Profit-taking from holders
BJHL	578.60	Moderate — 450 shares, but hydro rotation supports it	RIDI selling spooking hydro
SKHL	483.10	Moderate — hydro co-momentum with BJHL	Thin trading may exaggerate moves
HFIN	349.80	Low — only 360 shares; thin stock, limited carry-over	Easily reversed on thin volume
RLEL	399.30	Low — 150 shares only; very thin	Same as HFIN

Stocks to Watch on April 1, 2026

• RSML: Monitor at open — if buying resumes, next target Rs 2,900-2,950
• BJHL: Watch for follow-through above Rs 580 with increased volume
• KBL: Accumulation pattern — if volume remains above 500K shares, bullish continuation
• RIDI: Distribution pattern — watch whether selling continues or price stabilizes near Rs 360-370
• NHPC: Similar to RIDI — test of Rs 285-290 support range
• SYPNL: Rs 374.49M turnover today — continued activity may signal institutional interest

Key Levels for April 1, 2026

Level	Price	Significance
Bull target	2,880 – 2,900	Immediate resistance to break
Current	2,851.09	March 31, 2026 close
Support 1	2,820 – 2,830	First support level
Support 2	2,780 – 2,800	Key support — trend-defining

Risk Factors to Monitor

• RIDI's distribution pattern — if high volume selling continues, it could drag the Hydropower sector and by extension NEPSE
• Profit-taking in circuit stocks — if RSML, BJHL, SKHL gap down at open, momentum may stall
• Broader macro — any NRB or government announcements could shift sentiment rapidly
• If NEPSE fails to hold above 2,830 on any pullback, the technical picture weakens

The April 1, 2026 session will be a key test of whether March 31's positive breadth and momentum can sustain. Five circuit stocks providing carry-over demand, Manufacturing sector leadership, and NEPSE's close above 2,850 all support an early positive open. However, profit-taking in circuit stocks and RIDI's distribution pattern are risk factors to monitor. As always, let the market data — not predictions — guide your decisions.