What will be the next target level in secondary market?

The benchmark index at Nepal Stock Exchange closed at 1,357.14 points on March 24, 2016.  The investors are excited to know how will the market be in coming days? ShareSansar queried with Technical Analyst Mr. Sagun Shakya regarding the same.

Sagun Shakya

Technical Analyst

We need to watch the benchmark index for a week more. This week, if the market will continue to close above 1350 points, then it will be a confirmation that the benchmark index has sustained the level of 1350 points and  will reach the target of 1500 points. The benchmark index will reach 1500 points with the support of Commercial Banks.

The market is in bullish trend and will continue to remain the same as it is being supported by a good volume.