NIFTY 50 PERFORMANCE OF THE WEEK-50/2020

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Market’s performance was good in this week-50 with average volatility toward bullish trend In this analysis we will analyze both weeks ( week-49 and week-50) nifty 50 performance then we get a proper conclusion on which week was good for nifty 50 indices. In week-49 at Tuesday nifty 50 opened with minor positive gap value and then it performed with average volatile strong bullish trend during this week nifty 50 appeared with positive closing every day due to this performance at end day ( Friday) nifty 50 closed with good gain for weekly performance. In week-50 at Monday nifty 50 opened with almost same as previous value and then it performed with average volatility toward bullish trend during this week nifty gave one down fall at expiry due to this performance nifty 50 closed with good gain for weekly performance.

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 (+2.18%) gain for entire weekly performance during this week nifty performed between resistance level 13200+points and support level 13000+points. In week-50 at Monday nifty 50 opened with same as previous value 13264.85 points and at Friday closed with 13513.85 points and it gave (+1.93%) gain for entire weekly performance during this week nifty performed between resistance level 13500+ points and support level 13200+ points. After analyzed both weeks performance we can say week-49 was good gainer week for nifty 50 but in week-50 nifty 50 closed with good positive gain for entire week performance that performance was due to some sectors of nifty 50 performed good such as, FMCG sector, Oil and Power sector.

Nifty 50 performance in this week-50 such as, at Monday nifty opened with 13264.85 and closed with 13355.75 (+0.73%) gain. At Tuesday nifty opened with 13393.85 and closed with 13392.95 (+0.28%) gain. At Wednesday nifty opened with 13458.10 and closed with 13529.10 (+1.02%) gain. At Thursday nifty opened with 13488.50 and closed with 13478.30 (-0.38%) loss. At Friday nifty opened with 13512.30 and closed with 13513.85 (+0.26%) gain.

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

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


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