Date: January 13, 2026

The NEPSE Index closed at 2,639.91 points on Tuesday, posting a marginal gain of 4.90 points (+0.18%). Market participation showed slight improvement, with total turnover reaching NPR 6.99 Arba, marginally higher than the previous trading session.

Sectoral Performance

Among sectoral indices, the Hydropower sector emerged as the top performer, gaining 34.24 points (+1.02%) to close at 3,379.49 points. In contrast, the Hotel and Tourism sector witnessed a decline, losing 34.11 points (-0.48%) during the session.

Technical Outlook on NEPSE Index

Now Let’s dive into a basic technical analysis of the NEPSE index: 

• Resistance (R1): 2694.89 

• Support (S1): 2469.37 

According to the Dow Theory of Technical Analysis, reliable target projection and trend confirmation are only possible once the market decisively breaks above resistance or below support. Until such a breakout occurs, predicting directional targets remains speculative. 

Within this sideways structure, a short-term trendline (T1) is visible, which is currently acting as an immediate support for the index and is crucial to monitor in the near term. 

Conclusion:

As highlighted above, the NEPSE Index remains in a sideways phase. It’s best to holdback on furthur analysis to predict the future move of the NEPSE index and watchout of Resistance(R1) 2694.89, Trendline support(T1) and support(S1) 2469.37. 

A decisive move beyond any of these levels may provide clearer insight into the next directional trend of the market. 

Disclaimer:The analysis presented in this article is solely for educational purposes. Investors are advised to make decisions based on their own research and final judgment.