sharechart technical analysis from student nirmal das shrestha presentation on nib 2016-07-14

Technical Analysisof

Nepal Investment Bank(NIB)

• Symbol NIB• Name Nepal Investment Bank Limited• Sector Commercial Bank Listed • Shares 72526390 units• Paid-up Value Rs 100• Total Paid-up Value:- Rs 7,252,639,000• Operation Date :- 1986-03-09• Phone Number :- 014228229• Emailinfo@nibl.com.np• Address Durbar Marg , ktm• Website Link www.nibl.com.np

Nepal Investment Bank Ltd. (NIBL), previously Nepal Indosuez Bank Ltd., was established in 1986 as a joint venture between Nepalese and French partners. Nepal Indosuez Bank Ltd. was renamed Nepal Investment Bank Ltd. in 2002 following the exit of Credit Agricole Indosuez from Nepal Indosuez Bank Ltd.The bank’s corporate headquarter is located in Durbarmarg, Kathmandu.The bank has 46 branches and 83 ATMs at 67 locations. The bank has 14 branches inside Kathmandu valley and 32 branches outside Kathmandu valley.The bank currently has a public promoter share ratio of 20:80. The current FPO has been conducted to raise the public shareholding to 30% to meet regulatory requirements.

Line chart

Candlestick Analysis

Patterns Analysis

Bollinger Bands

Fibonacci Retracement analysis

Moving average analysis

Fusion of Candlestick RSI and MACD

Current Market Price = Rs 1040/-Buy above = Rs 1125/-1st target = Rs 1225/-2nd target = Rs 1383/-Stop loss = Rs 965/-RSI = 46.0239MACD = -1.74358volume = Day breakout Volume Pattern

Thanks to: SHARECHART TEAM

Prepared by Nirmal Das Shrestha

2016/7/14