BUNGAL
NEPSE Hydro PowerBUNGAL — 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. 584.80, down -0.30 (-0.05%) from the previous close of Rs. 585.10, ranging between Rs. 556.00 and Rs. 588.20 on the day on a traded volume of 12,856 shares.
Technical outlook
BUNGAL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 605.87) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 43 — neutral momentum. MACD is below its signal line — momentum is turning down.
Key levels
The nearest resistance sits around rs. 660.80. support around rs. 556.68. 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 48% of that range.
A recent candlestick signal detected on BUNGAL: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal down.
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.
⚠️ Disclaimer: NepseIQ is for informational and educational purposes only — not financial advice. Chart data is end-of-day from NEPSE. Technical indicators and pattern detections are analytical observations, not guarantees. Verify before trading.