The time has come for investors not traders to buy in the stock market: Sandeep Kumar Chaudhary

The number of people investing in Nepal's stock market is increasing day by day by assimilating technical analysis. As the market fluctuates sharply, investors may suffer. Analysts have claimed that technical licks are helping in that. In this context, our colleague Dipesh Ghimire has asked the stock market technical analyst Sandeep Kumar Chaudhary about the current Nepali stock market. The gist of that conversation:

1. Do you think it is time to buy Nepali stock market?

Looking at the current situation of NEPSE, it seems that the market is moving sideways. This is the first time the market has bounced since 1970. Before this, it used to go up to 1800 when decreasing and 2200 when increasing. That's why I've seen a recent difference in the current market. For that, the market reached the point of 2200, it could be understood that the NEPSE index went up and the market gave an opportunity to buy.

2. Fundamentally analyzing the market, what have you got?

Dipesh ji, there is an opportunity in the current market. Because economic indicators are becoming positive. Investors' hopes for the new finance minister are also high, regulatory bodies are also positive. Also, the Securities Board, NEPSE and CDS have submitted a report to the finance minister with measures to improve the capital market. For the same reason, it seems that the psychology of all concerned bodies are active towards the market and the market will grow.

3. Should the investor wait until the index reaches 2200?

Even the child knows that 2200 should be cut. Nepal's market has gone sideways so much that investors are fed up with waiting for 2200.

4. Tell me exactly. Is 1970 suitable for investment?

At 1800 to 2200 points, traders, not investors, do not lose any time they buy. But when the bull is sure, then it has to enter the market anyway. What I have always said is that if I think the market is in a bearish trend, I will leave with 20% shares and I will buy 80% more shares if I feel bullish. Now is not the time for 80 percent to buy more shares.

5. Now sub-instructors have really given bye or not?

The tips are very up trend. Looking at the technical chart of a month, only some indicators including banking have not been able to confirm the up trend. But most of the indicators like finance, development bank, hotel, etc. seem to be comfortable with the up trend. But the bull does not seem to come.

6. When is the bull confident?

Bul Te ​​Dipesh ji Nepse Suchak will confirm. Sub-indicators and stocks should not enter the market as soon as they confirm the bull.