Are we hitting the bottom of bear cycle ? jhandimar stock hitting two digit

Are we hitting the bottom of bear cycle ? jhandimar stock hitting two digit 1

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In current bear cycle, we had seen many jhandimar stock still maintaining 200+, while banks were trading below 200. Since a month, jhandimar and weak hydros have fallen below 150 and many following same. hidclp has fallen below par value.

In my opinion, we are yet to hit the bottom of bear and eventually jhandimar hydros will hit two digit, only after that bull cycle shall start. Someone need to plot elliot wave or something like that.

you feedbacks are welcomed.

View on r/NepalStock by captainright1

Comments

2 responses to “Are we hitting the bottom of bear cycle ? jhandimar stock hitting two digit”

  1. berojgar_keto Avatar
    berojgar_keto

    we have been at the bottom of the bear cycle for almost a year now….

    Reply
  2. Sandbox_01 Avatar
    Sandbox_01

    SEBON accepting all those IPO(with premium) and right share of bad company has/will create huge supply in NEPSE. But there hasn’t been much demand to counter that supply. So, gloomy days of NEPSE will not be over so soon.

    Reply

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