Bungal Hydro Limited

BUNGAL — Bungal Hydro Limited technical analysis

Bungal Hydro Limited (BUNGAL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 525.50, down -4.40 (-0.83%) from the previous close of Rs. 529.90, ranging between Rs. 522.10 and Rs. 537.00 on the day on a traded volume of 8,155 shares.

Technical outlook

BUNGAL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 535.58) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 41 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 553.58. support around rs. 500.00. Over the past year, BUNGAL has traded between a 52-week low of Rs. 302.40 and a high of Rs. 895.00, placing the current price at about 38% of that range.

A recent candlestick signal detected on BUNGAL: Inside Bar — Range contained within the previous candle — consolidation before a move.

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.