NIFTY 50 PERFORMANCE OF THE WEEK-49/2020

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Market’s performance was good in this week-49, it was much volatile toward high bullish trend from start to end of the week. If we analyzed both weeks nifty’s performance then we get a proper conclusion on which week was good for nifty gain. In week-48 at Monday nifty 50 opened with minor positive gap value then it performed in both trend direction, it means in this week nifty had no particular trend direction during this week nifty gave two positive bounce and one high down fall, we can say nifty was much volatile in both trend direction due to this performance nifty 50 closed with minor positive gain for weekly performance. In week-49 at Tuesday nifty 50 opened with minor positive gap value and then it performed with average bullish trend in this week nifty appeared with strong bullish state for entire week due to this performance nifty 50 closed high positive gain for weekly performance.

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 weekly performance during this week nifty 50 performed between resistance level 13100+ points and support level 12800+ points in this week nifty touched it’s strong resistance level 13000+ points. In week-49 at Tuesday nifty 50 opened with minor positive gap value (+93.25), 13062.20 points and at Friday closed with 13258.55 points and it gave (+2.23%) gain for entire weekly performance during this week nifty performed between resistance level 13200+ points and support level 13000+ points. After analyzed both weeks nifty’s performance we can say nifty was much volatile in week-49 as compare then week-48 performance, this performance was due to some sectors in nifty performed good such as, Oil & Gas sector, Metal sector, Auto sector.

Nifty 50 performance in this week-49 such as, at Tuesday nifty opened with 13062.20 and closed with 13109.05 (+1.08%) gain. At Wednesday nifty opened with 13121.40 and closed with 13113.75 (+0.04%) gain. At Thursday nifty opened with 13215.30 and closed with 13133.90 (+0.15%) gain. At Friday nifty opened with 13177.40 and closed with 13258.55 (+0.95%) gain.

*Nifty 50 Performance Table Of The Week-49 Given As Below:

*Nifty 50’s Top Gainer Stocks Of The Week-49 Given As Below:


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