NIFTY BANK PERFORMANCE OF THE WEEK-44/2020

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Market’s performance was not good in this week-44 with high volatility toward bearish trend as compare with last week-43 performance. In week-43 every indices was stable at bullish state from start to end of the week except nifty bank, it was much volatile toward positive bullish trend at starting days but it has given a negative signal at expiry day for future performance due to this result happened next week-44 nifty bank opened with minor positive gap value but it could not perform good it was performing in bearish trend from start to end of the week due to this performance nifty bank closed with high bearish loss for entire week’s performance.

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 points during this week nifty bank gave (+4.01%) gain and it performed between resistance level 24600+ points and support level 23900+ points in entire week. In week-44 at Monday nifty bank opened with minor positive gap value (+47.50), 24525.80 points and at Friday closed with 23900.90 points during this week nifty bank gave (-2.35%) loss and it performed between resistance level 24700+ points and support level 23900+ points. We observed bank nifty was much volatile in both of weeks, week-43 was volatile for bullish trend and week-44 was volatile for bearish trend.

Nifty bank‘s performance of the week-44 such as, at Monday nifty bank opened with 24525.80 and closed with 24075.45 (-1.65%) loss. At Tuesday nifty bank opened with 24288.05 and closed with 24769.50 (+2.88%) gain. At Wednesday nifty bank opened with 24737.85 and closed with 24232.50 (-2.17%) loss. At Thursday nifty bank opened with 24063.50 and closed with 24092.00 (-0.58%) loss. At Friday nifty bank opened with 24090.15 and closed with 23900.90 (-0.79%) loss.

*Nifty Bank’s Performance Table Of The Week-44 Given As Below:

*Nifty Bank’s Top Gainer Stocks Of The Week-44 Given As Below:


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