Looking at AI, how did the NEPSE indicator look on Tuesday ?
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NEPSE trading
stock market index NEPSE is growing rapidly. The market, which started to rise from the first day of the week, has started to increase on the third day until Tuesday. Although some sub-indices of the market have fluctuated sharply, its positive effect has been seen in the NEPSE index.
Today, we are going to analyze the analysis made by AI on how the Tuesday market has shaped and what kind of strategy investors will make in the future. Looking at Tuesday's Nepali stock market gauge NEPSE from a technical point of view, it seems that it is time to buy.
Fibonacci looking NEPSE indicator:
NEPSE, the main index of the Nepali stock market, gave a bye on Monday when it was analyzed from the end of February. But in Tuesday's market, it has crossed the point of 2 thousand eight. For that reason, it can be seen that NEPSE gave a stronger buy on Tuesday.
We said that Fibonacci said that investors should buy only if the NEPSE index crosses the point of 2,088 after the market closed on Sunday. Which was broken by Tuesday's market. After 2 thousand eight
The second target seems to be 2 thousand 111. If NEPSE crosses that point, then the third target is 2,214. Similarly, the fourth target of Nepse Suchak is 2 thousand 381 which is also seen in this chart.
We have done this analysis through Artificial intelligence - AI, so please do not invest based on this.