Nepal Infrastructure Bank Limited

NIFRA — Nepal Infrastructure Bank Limited technical analysis

Nepal Infrastructure Bank Limited (NIFRA) is a Investment-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 257.90, up +1.90 (+0.74%) from the previous close of Rs. 256.00, ranging between Rs. 253.00 and Rs. 260.00 on the day on a traded volume of 113,991 shares.

Technical outlook

NIFRA's technical picture is currently Mildly Bullish. Price (Rs. 256.00) is above its 20-day average (Rs. 243.89) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 65 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 258.30. support around rs. 250.15. Over the past year, NIFRA has traded between a 52-week low of Rs. 232.00 and a high of Rs. 299.00, placing the current price at about 39% of that range.

A recent candlestick signal detected on NIFRA: Morning Star — Down candle, small indecision candle, then a strong up candle — bullish reversal.

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.