NIFRA

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. 245.10, down -0.90 (-0.37%) from the previous close of Rs. 246.00, ranging between Rs. 245.00 and Rs. 247.90 on the day on a traded volume of 40,495 shares.

Technical outlook

NIFRA's technical picture is currently Bearish. Price is below its 20-day average (Rs. 249.84) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 38 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 260.84. support around rs. 240.00. Over the past year, NIFRA has traded between a 52-week low of Rs. 233.90 and a high of Rs. 299.00, placing the current price at about 17% of that range.

A recent candlestick signal detected on NIFRA: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

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.