NEPSE Daily Market Forecast
Shikhar AI's technical outlook for the session after 2026-10-16.
Bias: Mildly bullish
Bias score +19 · after the 2026-10-16 session
NEPSE closed at 2,634.17 on 16 Oct, up 8.24 points (+0.31%). Shikhar AI evaluated 304 scripts: 112 Buy or Strong Buy, 87 Hold and 105 Sell or Strong Sell; 173 rose and 91 fell. 51% are Leading or Improving against NEPSE on the RRG. Technical bias for the next session: mildly bullish (index score +35, RSI 60). Watch support near 2,615 and resistance near 2,674. Top buy ideas: PHCL, ALICL, LICN, SHINE, SNLI. Weakest: CGH, NHPC, CORBL, NRN, SAIL. Quadrant moves: NTC Lagging → Improving, MANDU Lagging → Improving, NMFBS Lagging → Improving. Automated technical analysis, not investment advice.
NEPSE close
2,634.17
+8.24 (+0.31%)
Support
2,615
Resistance
2,674
Buy signals
112
Hold
87
Sell signals
105
Rose
173
Fell
91
Top buy ideas
PHCLPeoples Hydropower Company Limited
Strong Buy
346.50 ▲ +1.38%
ALICLAsian Life Insurance Co. Limited
Strong Buy
435.90 ▲ +1.37%
LICNLife Insurance Corporation (Nepal) Limited
Strong Buy
804.90 ▲ +0.61%
SHINEShine Resunga Development Bank Ltd.
Strong Buy
418.00 ▲ +0.48%
SNLISun Nepal Life Insurance Company Limited
Strong Buy
421.50 ▲ +0.64%
Weakest
CGHChandragiri Hills Limited
Strong Sell
739.90 ▼ -0.95%
NHPCNational Hydro Power Company Limited
Strong Sell
259.70 ▼ -0.42%
CORBLCorporate Development Bank Limited
Strong Sell
773.00 ▼ -0.58%
NRNNRN Infrastructure and Development Limited
Strong Sell
1,370.00 ▼ -0.57%
SAILShreenagar Agritech Industries Limited
Strong Sell
911.00 ▼ -0.87%
Rotating up
Improving or Leading against NEPSE
NIMBNepal Investment Mega Bank Limited
Buy
206.20 ▲ +3.36%
AHPCArun Valley Hydropower Development Co. Ltd.
Strong Buy
263.60 ▲ +1.78%
NMBNMB Bank Limited
Buy
272.30 ▲ +1.91%
SGHCSwet-Ganga Hydropower & Construction Limited
Strong Buy
304.00 ▲ +3.58%
MBJCMadhya Bhotekoshi Jalavidyut Company Limited
Buy
324.00 ▲ +2.69%
Sectors
| Sector | RRG | Shares | Buy | Sell | Average score |
|---|---|---|---|---|---|
| Life Ins. | Weakening | 14 | 6 | 1 | +16 |
| Banking | Weakening | 19 | 6 | 0 | +11 |
| Microfinance | Improving | 50 | 26 | 10 | +10 |
| Hydropower | Improving | 111 | 47 | 37 | +3 |
| Investment | Improving | 7 | 4 | 3 | +3 |
| Others | Improving | 10 | 1 | 3 | -1 |
| Dev. Bank | Weakening | 17 | 4 | 7 | -7 |
| Hotels & Tourism | Improving | 9 | 1 | 3 | -11 |
| Non-Life Ins. | Lagging | 13 | 6 | 7 | -12 |
| Manufacturing | Improving | 31 | 5 | 20 | -13 |
| Trading | Lagging | 4 | 1 | 3 | -14 |
| Finance | Lagging | 19 | 5 | 11 | -15 |
Signals are automated technical analysis for education, not investment advice. Markets carry risk; do your own research before trading.