Bhagawati Hydropower Development Company Limited

BGWT — Bhagawati Hydropower Development Company Limited technical analysis

Bhagawati Hydropower Development Company Limited (BGWT) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 490.00, up +9.00 (+1.87%) from the previous close of Rs. 481.00, ranging between Rs. 480.00 and Rs. 500.00 on the day on a traded volume of 9,696 shares.

Technical outlook

BGWT's technical picture is currently Mildly Bullish. Price (Rs. 490.00) is above its 20-day average (Rs. 489.71) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 46 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 756.08. support around rs. 435.00. Over the past year, BGWT has traded between a 52-week low of Rs. 435.00 and a high of Rs. 944.00, placing the current price at about 11% of that range.

A recent candlestick signal detected on BGWT: Bullish Engulfing — Up candle fully engulfs the prior down candle — momentum shifting up.

This is an automated technical read from end-of-day NEPSE data, refreshed each trading day — for information only, not investment advice. New to these terms? See our RSI guide, candlestick guide and beginner's investing guide.