NIFTY 50 PERFORMANCE OF THE WEEK-51/2020

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Market’s performance was good in this week-51 with average volatility toward stable bullish trend for entire weekly performance. In this analysis we will analyze both weeks nifty 50’s performance then we get a proper conclusion on which week was good for nifty 50 performance. In week-50 at Monday nifty 50 opened with same as previous value and then it performed with high volatility from start to end of the week during this week nifty gave one positive bounce that was greater than +1.00% gain and gave a minor down fall at weekly expiry due to this volatility at end day of the week (Friday) nifty 50 closed with good gain for weekly performance. In week-51 nifty 50 opened with same as previous value and then it performed with average volatility toward strong bullish trend during this week nifty gave positive gain every day due to this performance at end day of the week (Friday) nifty closed with good gain for weekly performance.

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 week performance during this week nifty performed between resistance level 13500+ points and support level 13200+ points. In week-51 at Monday nifty 50 opened with same as previous value 13571.45 points and at Friday closed with 13760.55 points and it gave (+1.83%) gain for entire week performance during this week nifty 50 performed between resistance level 13700+ points and support level 13500+ points. After analyzed both weeks nifty’s performance we can say week-50 was good for nifty 50 performance as compare week-51. In week-51 nifty 50 performance also good individually due to some sectors in nifty indices performed good such, Oil and Gas sector, Finance sector, Pharma sector.

Nifty 50 performance in this week-51 such as, at Monday nifty opened with 13571.45 and closed with 13558.15 (+0.33%) gain. At Tuesday nifty opened with 13547.20 and closed with 13567.85 (+0.07%) gain. At Wednesday nifty opened with 13663.10 and closed with 13682.70 (+0.85%) gain. At Thursday nifty opened with 13713.55 and closed with 13740.70 (+0.42%) gain. At Friday nifty opened with 13764.40 and closed with 13760.55 (+0.14%) gain.

*Nifty 50 Performance Table Of The Week-51 Given As Below:

*Nifty 50’s Top Gainer Stocks Of The Week-51 Given As Below:


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