Technical Analysis Of

Chileme Hydropower Company Limited

Chilime Hydropower Company Limited (Chilime) was incorporated in 1995 with an objective of hydroelectricity generation through optimal utilization of resources within the country. Nepal Electricity Authority (NEA) holds majority ownership with 51% share holding. Remaining 49% shareholding is from general public including 10% equity ownership of local people.

Chilime owns and operates 22.1 MW power plant commissioned on August 25, 2003 and located in Rasuwa district, 133 km north of capital city Kathmandu. It sales bulk electricity to NEA at the long term PPA price. The annual energy generation from the plant is about 150 GWh.

Chilime has established following three subsidiaries:1. Rasuwagadhi Hydropower Company Limited.2. Madhya Bhotekoshi Jalavidhyut Company Limited.3. Sanjen Jalavidhyut Company Limited.

Profile of Company

VISION"To be the largest public hydropower company in Nepal." MISSIONTo harness hydropower potential of the country for the benefit of the people at large by optimally utilizing the untapped resources and creating synergy with the private sector.To ensure attractive and sustainable long term return to our shareholders through prudent and sound investment.To create a competitive working environment with long term career prospects to our employees whereby they will nurture a culture to learn, grow and put their best effort to the growth of the company.To maximize the public participation and empower them to have better living, andTo make the communities in which we live, work and serve, better places to be.

CHILIME HYDRO POWER COMPANY LTD.

Kathmandu Metropolitan - 4 Dhumbarahi" Establishment: 1995 www.chilime.com.np info@chilime.com.np 977 (1) 4370773, 4370793 / 977 (1) 4370720 (fax)Sector: Hydro Power Share Registrar : Citizen Investment Trust NEPSE listed : 2006-03-15

Line Chart with resistance & support line and break up point

Nature Of Trend Line

Candlestick Reversal Patterns

Patterns Analysis

Bollinger Bands

Volume Analysis

Moving Average

Fibonacci retrenchment

Wait and watch Condition

Fusion Of Candlestick, RSI, MACD

Overall Company AnalysisCurrent market price = Rs.

1270Wait and Watch levelRSI = Rs.

37.5MACD = Rs. -

27Volume = Rs.

3058

Prepared by Shailesh Shrestha

27/08/2016