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Technical Analysis on Everest Bank Ltd.
Prepared BySony Shrestha
2016-05-16 Monday
Screen -1 INTRODUCTION OF BANK
EVEREST BANK LTD
Symbol : EBL Location : Lazimpat,Kathmandu,Nepal Establishment : 18/10/1994 Website : www.everestbankltd.com Email Id : [email protected] Contact No : 977-1-4443377 Sector : Banking Share Registrar : Everest Bank Ltd. NEPSE listed : 1996-04-07
Screen -2 Three years capital plan of Everest Bank
Screen -3 Third quarter report of fiscal year 2072\073
Screen 4 NEPSE INDEX
Screen 5 BANKING INDEX
Screen 6 SUPPORT AND RESISTENCE OF EBL
Screen 7 TREND ANALYSIS OF EBL
Screen 8 CANDLE STICK ANALYSIS OF EBL
Screen 9 CHART PATTERN ANALYSIS OF EBL
Screen 10 MOVING AVERAGE ANALYSIS OF EBL WITH RSI AND VOLUME
Screen 11 BOLLINGER BAND WITH RSI AND MACD
CONCLUSION
2016-05-12 Current Market Price- Rs. 2901Buy or sell Point- Below Rs.3050Target- Rs.2700 Stop loss at Above Rs.3150
Screen 6 to 11 Analysis on EBL technically, support and resistance, trendline and reversal candlestick shows EBL trend is downward signal. Middle of the trend their is rising wedge pattern formed and hit the target few weeks back. Now the volume trend is also low. Same as moving average ,RSI and MACD also signaling to downward. This shows coming days or weeks EBL is short term correction will be come soon.
Stop Loss Lets Profit run Protect your profit Opinion about Fundamental vs. Technical analysis Learn & practice INVESTMENT with discipline Right Time / Right Price
At Last Summary of Technical Analysis
Thank Yousharechart
