Looking into Fibonacci levels some indices are trading at important Fibonacci levels. Nepse slides below 0.618 Fibonacci retracement level and trades just above 0.707 level
These sub indices are trading at important Fibonacci levels
| Sector | Fibonacci Level |
|---|---|
| Commercial Banks | Fibonacci Extension 1.0 Level |
| Finance | Fibonacci Extension 1.0 Level |
| Micro Finance | Fibonacci Extension 1.0 Level |
| Hydropower | Fibonacci Retracement 0.618 Level |
| Hotels | Fibonacci Retracement 0.618 Level |
| Others | Fibonacci Retracement 0.618 Level |
| Life Insurance | Fibonacci Retracement 0.707 Level |
| Non Life Insurance | Fibonacci Retracement 0.707 Level |
