NIFTY 50 PERFORMANCE OF THE WEEK-48/2020

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Market’s performance was much volatile in this week-48 toward some time bullish and some time bearish trend in this week market had not proper trend. If we analyze on nifty 50 for both week’s performance then we get a proper conclusion. In week-47 at Tuesday nifty 50 opened with minor positive gap value and then it performed with less volatility toward bullish trend and at sudden on weekly expiry it gave a high down fall that was less than -1.00% loss due to this nifty 50 closed with minor positive gain for entire week on end day ( Friday ) nifty gave a positive signal for bullish trend for next week. In week-48 at Monday nifty 50 opened with minor positive gap value and then it performed with much volatility toward bullish and bearish trend in this week nifty had no fix trend direction, during this week nifty 50 gave two positive bounce that was equal to +1.00% and also gave big down fall that was less than -1.50% loss due to this performance nifty closed with minor gain for entire week performance.

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-47 nifty 50 performed between resistance level 12900+ points and support level 12700+ points. In week-48 at Monday nifty 50 opened with minor positive gap value (+101.25), 12960.30 points and at Friday closed with 12968.95 points and it gave (+0.85%) gain for entire week performance during this week-48 nifty 50 made resistance level 13100+ points and support level 12800+ points. After analyzed both week’s nifty performance we can say nifty was much volatile and good gainer in week-48 as comparison with last week-47. So nifty 50 closed with minor positive gain due to some sectors in nifty indices performed good such as, Oil sector, Steel sector, Auto sector.

Nifty 50 performance in this week-48 such as, at Monday nifty 50 opened with 12960.30 and closed with 12926.45 (+0.52%) gain. At Tuesday nifty 50 opened with 13002.60 and closed with 13055.15 (+1.00%) gain. At Wednesday nifty 50 opened with 13130.00 and closed with 12858.40 (-1.51%) loss. At Thursday nifty 50 opened with 12906.45 and closed with 12987.00 (+1.00%) gain. At Friday nifty 50 opened with 13012.05 and closed with 12968.95 (-0.14%) loss.

*Nifty 50 Performance Table Of The Week-48 Given As Below:

*Nifty 50’s Top Gainer Stocks Of The Week-48 Given As Below:


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