NIFTY 50 PERFORMANCE OF THE WEEK-47/2020

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Market’s performance was not good in this week-47 due to less volatility toward bullish trend but market closed with minor positive gain for entire week’s performance. If we analyze both week’s performance then get a proper conclusion about which week was good performer. In week-46 at Monday nifty 50 opened with minor positive gap value and it performed with high volatility toward bullish trend till Tuesday but after Tuesday it got stable at bullish trend with less volatility during this week it gave down fall on expiry of the week due to this performance at end day ( Friday) nifty closed with good gain for entire week performance. In week-47 at Tuesday nifty 50 opened with minor positive gap value and it performed with average bullish trend but at expiry of the week was not good it gave high down fall that was less than -1.00% loss due this performance at end day (Friday) market closed with minor positive gain for entire week performance. In this analysis we can say market’s volatility has been decreasing since week-45.

In week-46 at Monday nifty 50 opened with minor positive gap value (+135.85), 12399.40 points and at Friday closed with 12719.95 points and it gave (+3.72%) gain for entire week performance during this week nifty 50 performed between resistance level 12700+ points and support level 12300+ points. In week-47 at Tuesday nifty 50 opened with minor positive gap value (+152.25), 12932.50 points and at Friday closed with 12859.05 points and it gave (+0.62%) gain for entire week performance during this week nifty performed between resistance level 12900+ points and support level 12700+ points. In this analysis we can see week-46 was much volatile as compare with week-47 performance. In week-47 nifty 50 closed with positive gain for entire week performance due to some sector performed good in nifty such as, Finance sector, Steel sector, Auto sector, Power sector.

Nifty 50‘s performance of the week-47 such as, at Tuesday nifty 50 opened with 12932.50 and closed with 12874.20 (+0.74%) gain. At Wednesday nifty 50 opened with 12860.10 and closed with 12938.25 (+0.50%) gain. At Thursday nifty 50 opened with 12839.50 and closed with 12771.70 (-1.29%) loss. At Friday nifty 50 opened with 12813.40 and closed with 12859.05 (+0.68%) gain.

*Nifty 50’s Performance Table Of The Week-47 Given As Below:

*Nifty 50’s Top Gainer Stocks Of The Week-47 Given As Below:


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