Watch: Nepal SBI Bank (SBI) - waiting for a return to the order block

Watch idea - posted on 27 Oct 2026. The setup is in place, but price hasn't come back to the order block yet, so there is no entry today. It isn't scored, because the entry may never happen. Not advice to buy or sell.

The setup. Nepal SBI Bank (SBI) swept below its swing low at Rs 397.0 on 2026-08-21 and closed back above it - the sell-side liquidity was taken. On 2026-09-15 it closed above the last lower high at Rs 407.0: a change of character (CHoCH). The order block behind that move sits at Rs 390.1 to Rs 415.0, in the discount half of the range.

Where price is now. The last close was Rs 432.0 on 2026-10-26.

The plan if price comes back. A limit order at the top of the block, Rs 415.0, a stop under it at Rs 388.1 (6.5% risk) and a target 1 : 2 at Rs 468.7. If price keeps going up without coming back, there's no trade - chasing it would mean a worse price and a wider stop.

What our data says today - 4 of 6 checks look good. Rating: BBB (check); Dump risk: Low (good); Fair value: 49% above fair value (weak); Company health: Healthy (good); Who's trading it: Hard (good); What's coming: Nothing big (good). Want to check these numbers yourself? Use the "Check SBI yourself" links under this idea - the rating, fair value, dump risk, cornering and liquidity are all on the MacroLens NP desk (Pro tools).

Four of six checks look good - a BBB rating, low dump risk and a healthy report - but the price is about 49% above our fair value estimate. If it fills, half size.

The method - swing, internal and fractal structure, order blocks, liquidity and the six checks - is in our e-book The Complete NEPSE Trader. Results will be shown here as they happen, wins and losses alike.