Tag: trading

  • About Gold and other valuable metals trading.

    About Gold and other valuable metals trading.


    Is it possible to invest or trade gold and other valuable metals virtually in Nepal as like we do trade/invest in stocks?

    or we only have the option to buy physically and store them. Any leads on this case, I wanted to learn about it.

    Thankyou!

    View on r/NepalStock by Mysterious-Ad-2896

  • NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension

    NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension


    The final steps for the merger between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have recently been concluded. In accordance with Section 9 (3) of the Merger and Acquisition Directive 2079 Act, the Nepal Stock Exchange (NEPSE) has issued a circular, officially suspending share transactions of the company as outlined in Section 9 (3) of the Directory 2079.

    The merger agreement between NLBBL and MMFDB, sealed at a swap ratio of 1:1, has determined the formation of a new entity named “Nerude Mirmire Laghubitta Bittiya Sanstha Limited.” This new company is slated to commence joint operations on Falgun 30, marking the beginning of a consolidated business approach.

    Currently, NLBBL holds a paid-up capital of Rs. 73.20 Crores, while MMFDB’s paid-up capital stands at Rs. 66.57 Crores. The merger signifies a strategic combination of financial strengths and resources from both entities, aiming to enhance their overall market position and operational capabilities.

    In the current scenario, NLBBL and MMFDB are valued at Rs. 595.00 and Rs. 580.00, respectively, based on their Last Traded Prices (LTP). This reflects the market’s anticipation and response to the forthcoming merger, showcasing potential implications for the stock values of the involved entities.

  • What are the best swing trading stocks of Nepal?

    What are the best swing trading stocks of Nepal?


    The best should be having large swings i.e good volatility and good liquidity.

    View on r/NepalStock by UKtheAsian

  • NEPSE Temporarily Suspends Trading as Benchmark Index Surges 4.04%

    NEPSE Temporarily Suspends Trading as Benchmark Index Surges 4.04%


    The Nepal Stock Exchange Limited (NEPSE) encountered a rapid surge, witnessing a significant 4.04% increase within the initial three minutes of the market opening today, reaching a level of 2,039.60 points. This substantial rise prompted NEPSE to implement a temporary suspension of its operations. The total turnover during this brief period amounted to 14.8 Crore. The market is scheduled to resume at 11:23 AM.

    NEPSE employs an Index-based Circuit Breaker system to manage extreme market movements, with triggers set at 4%, 5%, and 6% in either direction. These circuit breakers are designed to instigate trading halts across all equities, serving to maintain stability and prevent excessive volatility.

    Specifically, a 4% movement in either direction results in a 20-minute trading halt if it occurs during the first hour of trading (before 12:00 hours). However, if this movement takes place after 12:00 hours, there will be no trading halt, and normal market operations will continue.

    A 5% movement triggers a 40-minute trading halt if it occurs before 13:00 hours. In case the movement happens after 13:00 hours, there will be no trading halt at this level, and the market will resume its trading activities.

    A 6% movement, in either direction, leads to a complete trading halt for the remainder of the day. These measures are in place to ensure a systematic approach to handling market fluctuations and safeguarding against extreme volatility.

  • Gold Prices Surge by Rs. 600 per Tola, Trading at Rs. 1,19,000

    Gold Prices Surge by Rs. 600 per Tola, Trading at Rs. 1,19,000


    The price of gold has seen a significant rise, increasing by Rs. 560 per tola compared to the previous day’s trading. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is currently being traded at Rs. 1,19,000 per tola, marking a Rs. 600 increment from yesterday’s trading price of Rs. 1,18,400 per tola.

    Similarly, Tejabi gold is available today at Rs. 1,18,450 per tola, reflecting a notable increase of Rs. 600 from its previous price of Rs. 1,17,850 per tola. Additionally, the silver market has observed a slight uptick, with the current rate standing at Rs. 1,390 per tola, as opposed to the closing rate of Rs. 1,405 per tola recorded the day before.

    This surge in gold prices indicates dynamic market conditions, influenced by various factors impacting precious metal values.

  • NEPSE Sees 0.04% Loss, Closes at 2,000.77; Trading Sector Leads in Gains

    NEPSE Sees 0.04% Loss, Closes at 2,000.77; Trading Sector Leads in Gains


    The Nepal Stock Exchange (NEPSE) Index experienced a slight decline of 0.87 points or 0.04% compared to the previous day, closing at 2,000.77 points. In the prior trading session, the index had seen an increase of 9.34 points.

    Today’s trading began with the index starting at 2,002.94, reaching a high of 2,009.50 during the day and dropping to a low of 1,992.46.

    Throughout the trading session, a total of 308 different stocks were traded in 41,679 transactions. The total volume of shares exchanged was 5,115,658, resulting in a turnover of Rs. 2.03 Arba. The market capitalization stood at Rs. 31.45 Kharba, with a float market capitalization of Rs. 10.73 Kharba.

     

  • Turtle Trading: Navigating Stock Markets with Disciplined Buying Strategies

    Turtle Trading: Navigating Stock Markets with Disciplined Buying Strategies


    In the ever-evolving landscape of financial markets, characterized by uncertainty, the significance of a well-defined strategy cannot be overstated. The Turtle Trading method, a time-tested strategy known for its systematic approach to capturing market trends, holds a prominent place in this realm. This article delves into the art of Turtle Trading, specifically focusing on its buying strategy and how traders can employ it to navigate the complexities of the stock market.

    Conceptualized by legendary traders Richard Dennis and William Eckhardt in the 1980s, the Turtle Trading strategy revolves around the core principle of trend following. It operates on the premise that markets exhibit discernible trends over time, and by identifying and riding these trends, traders can secure profitable opportunities.

    The buying strategy within Turtle Trading is grounded in disciplined entry rules, position sizing, and risk management. The cornerstone lies in identifying opportune moments to enter the market using the Donchian Channel (DC) indicator, which defines price ranges over a specified period. Entry signals occur when the price breaks out above the highest high of the past “n” days, indicating a potential uptrend.

    Position sizing in Turtle Trading is dynamic, adjusting based on volatility to reflect the inherent risk of the asset being traded. This ensures trades are proportionate to the trader’s account size and market volatility. Stop-loss orders are strategically placed at a predetermined distance from the entry point, guided by recent market volatility, to mitigate potential losses. A trailing-stop-loss strategy is often recommended to lock in profits as the trade progresses.

    The benefits of the Turtle Buying strategy include its systematic approach, the ability to capture trends, and effective risk control. By adhering to predefined rules, traders can eliminate emotional bias, fostering a disciplined approach to trading and potentially yielding substantial profits.

    However, the strategy is not without limitations. Emotional challenges may arise, especially during drawdowns or extended market consolidation. Adhering to strict entry and exit rules requires patience and psychological resilience. Examples illustrated with the NEPSE Index and DORDI showcase the application of Turtle Trading strategies.

    In conclusion, while Turtle Trading offers a structured approach to capturing market trends, it’s crucial to recognize its limitations as a lagging indicator. The Turtle Buying strategy, with its disciplined practices, serves as a guide for traders navigating the stock market. While success is not guaranteed, the principles of Turtle Trading provide a time-tested framework for aspiring traders.

     

  • Share your trading journey in general

    Share your trading journey in general


    Just want to know how old you’re into trading.

    Why you came

    How you came

    What you learned

    And

    What was the process in general

    Ani Kati years vayo trading ma lageko ani Ka Ka bata sikeko trade garna

    View on r/NepalStock by Internal_Screen_1682

  • NEPSE Index Drops 1.31% to 2,034.82; HRL Leads in Turnover

    NEPSE Index Drops 1.31% to 2,034.82; HRL Leads in Turnover


    On the first trading day of the week, the Nepal Stock Exchange (NEPSE) saw a drop, with the index falling by 27.21 points or 1.31% compared to the previous day, closing at 2,034.82 points. This continues a trend from the previous Thursday when the index went down by 14.46 points.

    Starting today’s trading, the market opened at 2,060.68, reaching a high of 2,062.32 during the day and a low of 2,030.29. Ultimately, it ended at 2,034.82 levels.