NIFTY 50 PERFORMANCE OF THE WEEK-42/2020

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Market’s performance was not good in this week-42 as comparison with last week-41 performance in that week market was stable at strong bullish trend and it was continuously increasing day by day toward bullish trend during this week nifty made new strong support level and resistance level at starting days of the week-42 market was also good but at expiry turned in to another way and gave a high down fall due to this nifty gave negative performance at entire week.

In week-41 at Monday nifty 50 opened with 11487.80 points and at Friday closed with 11914.20 points and gave (+4.35%) gain, during this week nifty performed between resistance level 11900+ points and support level 11400+ points. In week-42 at Monday nifty 50 opened with 11973.55 points and at Friday closed with 11762.45 points and gave (-1.27%) loss, during this week nifty performed between resistance level 12000+ points and support level 11600+ points in this week nifty made strong resistance level but overall market performance was bearish if we observe for a only one week performance but if we analyze overall market base on resistance level then market was strong. In this week nifty’s some sector performed good such as, Technology sector, Paint sector, Steel sector, Pharma sector, Finance sector.

Nifty 50‘s performance in this week-42 such as, at Monday nifty 50 opened with 11973.55 and closed with 11930.95 (+0.14%) gain. At Tuesday nifty 50 opened with 11934.65 and closed with 11934.50 (+0.03%) gain. At Wednesday nifty 50 opened with 11917.40 and closed with 11971.05 (+0.31%) gain. At Thursday nifty 50 opened with 12023.45 and closed with 11680.35 (-2.43%) loss. At Friday nifty 50 opened with 11727.40 and closed with 11762.45 (+0.70%) gain.

*Nifty 50’s Top Gainer Stocks Of The Week-42 Given As Below:


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