NIFTY BANK PERFORMANCE OF THE WEEK-45/2020

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Market’s performance was good with high volatile positive bullish trend for entire weekly performance. In this week-45 every sector performed with high volatility and closed with good gain at end day of the week but banking sector was much volatile out of all sectors. If we analysis with performance both of weeks then we get a conclusion, In week-44 at Monday nifty bank opened with minor positive gap value but after some time at sudden it changed it’s trend from bullish to bearish after that it performed in this high volatile bearish trend due to this performance at end day of the it closed with high loss for entire weekly performance but in week-45 at Monday nifty bank opened with high positive gap value after that it performed in high volatile bullish trend during this week bank nifty gave four positive bounce that was greater than +1.00% due to this performance bank nifty closed with high positive gain for entire week performance.

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 and it gave (-2.35%) loss for entire week performance, during this week bank nifty performed between resistance level 24700+ points and support level 23900 points. In week-45 at Monday nifty bank opened with high positive gap value (+466.70), 24367.60 points and at Friday closed with 26798.95 points and it gave (+12.12%) gain for entire week performance, during this week bank nifty performed between resistance level 26700+ points and support level 24300+ points. So after analyzed data for both of week’s performance we can say week-44 nifty bank was good for sellers and week-45 nifty bank was good for buyers.

Nifty bank‘s performance in this week-45 such as, at Monday nifty bank opened with 24367.60 and closed with 24892.50 (+4.15%) gain. At Tuesday nifty bank opened with 25108.00 and closed with 25682.80 (+3.17%) gain. At Wednesday nifty bank opened with 25539.55 and closed with 25771.60 (+0.35%) gain. At Thursday nifty bank opened with 26174.80 and closed with 26313.10 (+2.10%) gain. At Friday nifty bank opened with 26274.10 and closed with 26798.95 (+1.85%) gain.

*Nifty Bank’s Performance Table In This Week-45 Given As Below:

*Nifty Bank’s Top Gainer Stocks Of The Week-45 Given As Below:


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