NIFTY BANK PERFORMANCE OF THE WEEK-40/2020

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Market’s performance was good with high volatility toward in bullish trend in entire week specially nifty bank appeared with high volatility toward positive trend after a long time as comparison with last week-39 performance nifty bank did not performed good it was giving new levels ( resistance and support level) bearish trend levels for a long time and in week-39 nifty bank gave three big down fall and at last day of the week it gave a signal toward bullish trend.

In week-39 at Monday nifty bank opened with 21983.40 and at Friday closed with 20982.35 (-4.76%) loss during this week nifty bank performed between two levels, resistance level 21900+ points and support level 20400+ points. In week-40 at Monday nifty bank opened with positive gap value (+169.70) 21152.05 points and at Thursday closed with 22246.00 (+6.02%) gain during this week nifty bank gave two big bounce was greater than +3.00% and it performed between resistance level 22200+points and support level 21100+ points.

Nifty bank‘s performance in this week-40 such as, at Monday bank nifty opened with 21152.05 and closed with 21665.50 (+3.26%) gain. At Tuesday nifty bank opened with 21770.90 and closed with 21411.30 (-1.17%) loss. At Wednesday nifty bank opened with 21405.25 and closed with 21451.80 (+0.19%) gain. At Thursday nifty bank opened with 21685.25 and closed with 22246.00 (+3.70%) gain.

DateOpen PriceHigh PriceLow PriceClose PricePrevious Close PriceInterest Rate ValueInterest Rate%
Monday, September 28, 202021152.0521708.8521055.1021665.5020982.35683.153.26
Tuesday, September 29, 202021770.9021811.5021280.6021411.3021665.50-254.20-1.17
Wednesday, September 30, 202021405.2521549.3521128.5021451.8021411.3040.500.19
Thursday, October 1, 202021685.2522293.7521664.1522246.0021451.80794.203.70

*Nifty Bank’s Top Gainer Stocks Of The Week-40 Given As Below:

DateCompany's NameOpen PriceHigh PriceLow PriceClose PricePrevious Close PriceInterest Rate ValueInterest Rate %
Monday, September 28, 2020Indusind Bank522.90563.30516.15555.10514.8540.257.82
Federal Bank48.7050.6548.0050.5047.702.805.87
Axis Bank420.00440.60418.05439.25415.0524.205.83
Bandhan Bank269.15281.90267.20280.45265.0015.455.83
RBL Bank167.00174.20166.05173.65164.958.705.27
Tuesday, September 29, 2020HDFC Bank1058.001069.901051.001062.551054.208.350.79
Wednesday, September 30, 2020HDFC Bank1060.001086.901052.001078.601062.5516.051.51
Kotak Mahindra1263.251276.951252.001268.201263.254.950.39
SBI185.05186.80182.40185.40185.050.350.19
Thursday, October 1, 2020Indusind Bank540.00597.05537.00592.20527.4064.8012.29
RBL Bank171.90179.45171.20177.85169.907.954.68
Bandhan Bank276.85287.00276.05285.75273.0012.754.67
Axis Bank430.20445.30427.40443.70424.6519.054.49
ICICI Bank358.25371.20358.25369.20354.7514.454.07

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