NIFTY BANK PERFORMANCE OF THE WEEK-43/2020

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Market’s performance in this week-43 was good if we compare last week-42 performance then we will observe that market was very bearish in that week every indices was going to negative bearish trend with every sector was also going to bearish but the banking was much volatile toward trend every indices gave only one down fall but nifty bank had giving down fall since starting days of the week-42 and suddenly it gave a much badly down fall at expiry of the week it was less than -3.00% as well as at last day (Friday) nifty bank gave a positive signal for bullish market trend then result happened in this week-43 market opened with high positive value and closed with positive gain for entire week.

In week-42 at Monday nifty bank opened with 23955.60 points and at Friday closed with 23533.25 points and gave (-1.31%) loss for entire week, during this week nifty bank performed between two levels, resistance level 23900+ points and support level 23000+ points. In week-43 at Monday nifty bank opened with high positive gap value (+369.65), 23902.90 points and at Friday closed with 24478.30 and gave (+4.01%) gain for entire week, during this week nifty bank performed between resistance level 24600+ points and support level 23900+ points. So we can see overall performance was much volatile during both of weeks. Week-42 was volatile toward bearish trend and other side week-43 was volatile toward bullish trend.

Nifty bank‘s performance in this week-43 such as, at Monday nifty bank opened with 23902.90 and closed with 24266.75 (+3.12%) gain. At Tuesday nifty bank opened with 24117.35 and closed with 24311.80 (+0.19%) gain. At Wednesday nifty bank opened with 24444.20 and closed with 24635.05 (+1.33%) gain. At Thursday nifty bank opened with 24447.35 and closed with 24484.15 (-0.61%) loss. At Friday nifty bank opened with 24669.20 and closed with 24478.30 (-0.02%) loss.

*Nifty Bank’s Performance Table Of The Week-43 Given As Below:

*Nifty Bank’s Top Gainer Stocks Of The Week-43 Given As Below:


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