Chukul NEPSE App 18

What is Chukul App?
Chukul App utilizes an advanced AI-based algorithm designed to forecast trends within the Nepal stock market. This tool enables traders to make swift decisions without engaging in extensive technical or fundamental research. It offers a supportive environment for novice users seeking to navigate the often unpredictable and rumor-driven landscape of stock trading. By significantly reducing the time required for analysis concerning stock value fluctuations, Chukul allows users to access historical trends and future expectations with a single click. Additionally, it provides signals through SMS, email, and notifications, indicating optimal times to buy, hold, or sell stocks to maximize profits.

What is a Candlestick Pattern?
Candlestick patterns serve as critical indicators within the Chukul system. Each day, various candlestick formations appear on the charts, with the system identifying the most influential among them. This identification aids in predicting both percentage changes and average gains or losses for specific stocks. For instance, a Bullish Engulfing candlestick typically indicates a rising trend, while a Bearish Engulfing candlestick suggests a downward trend. In either scenario, Chukul provides users with probabilities for average return.

How to Use Chukul?
Registered users with a valid phone number can access Chukul via its web application or mobile application (currently available only for Android users). Basic features are offered at no cost to registered users, while various subscription packages tailored for frequent traders provide additional benefits.

Why Should I Use Chukul?
Chukul is designed for a wide user base and serves as a reliable portal into the volatile arena of stock trading. The system leverages historical data alongside technical and fundamental indicators, employing data science and artificial intelligence to generate daily buy/sell signals and relevant reports. Users ranging from enthusiastic beginners to institutional investors will find value within the Chukul model.

What are Support and Resistance Points?
The Chukul system automatically identifies support and resistance points relevant to ongoing trends in individual stocks. The support point indicates the likely lowest price a stock might reach, while the resistance point denotes where a stock may encounter upward price pressure.

Who Can Use Chukul?
Chukul is primarily designed with novice users in mind, addressing common uncertainties that such users may experience. However, it also includes valuable tools that cater to both short-term and long-term traders and investors.

What are Buy-Sell Signals?
Buy-sell signals form the core functionality of the Chukul engine. Users receive clear indicators—represented by red and green signals on a scatter chart—streamlining the decision-making process regarding stock purchases or sales. This functionality assists in narrowing down options from an extensive list of shares to those most relevant at any given moment.

What are Consolidating and Breakout Stocks?
The Chukul system is adept at identifying consolidating and breakout stock points. Consolidating stocks exhibit fluctuations within a 2.5% range over a continuous 15-day period, culminating in what is referred to as a breakout at the end of this timeframe. Stocks in a sideways trend are monitored consistently, with actions triggered upon breakouts.