NIFTY BANK PERFORMANCE OF THE WEEK-47/2020

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Market’s performance was good in this week-47 with high volatility toward bullish trend for entire week performance. If we analyze both weeks performance then we get a proper conclusion, which week was best performer. In week-46 at Monday nifty bank opened with high positive gap value and then performed with much volatility toward high bullish trend till Tuesday but after Tuesday it got stable and at expiry of the week it gave a high down fall that was less than -1.50% loss due to this performance nifty bank closed with positive gain for entire week performance. In week-47 at Tuesday nifty bank opened with minor positive gap value and then performed with high volatile bullish trend but as well as at expiry it gave a high down fall that was less than -2.50% loss due to this performance nifty bank closed with gain for entire week performance. So after analyze both of week’s performance data we can say week-46 was good gainer week as compare with week-47 performance.

In week-46 at Monday nifty bank opened with positive gap value (+290), 27088.95 points and at Friday closed with 28465.70 points and it gave (+6.22%) gain for entire week performance during this week nifty bank performed between resistance level 28800+ points and support level 27000+ points. In week-47 at Tuesday nifty bank opened with positive gap value (+197.95), 28792.25 points and at Friday closed with 29236.00 and it gave (+2.24%) gain for entire week performance during this week nifty bank performed between resistance level 29700+ points and support level 28700+ points. So after analysis we can see after down fall at expiry in week-47 nifty bank closed with good gain at end day of the week.

Nifty bank‘s performance in this week-47 such as, at Tuesday nifty bank opened with 28792.25 and closed with 29181.30 (+2.05%) gain. At Wednesday nifty bank opened with 29107.90 and closed with 29749.85 (+1.95%) gain. At Thursday nifty bank opened with 29302.60 and closed with 28903.05 (-2.85%) loss. At Friday nifty bank opened with 28935.75 and closed with 29236.00 (+1.15%) gain.

*Nifty Bank’s Performance Table Of The Week-47 Given As Below:

*Nifty Bank’s Top Gainer Stocks Of The Week-47 Given As Below:


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