NIFTY BANK PERFORMANCE OF THE WEEK-48/2020

Spread the love

Market’s performance was much volatile in this week-48 and it’s not a fix trend direction toward bullish and bearish trend in this week every Indian indices gave good gain for weekly performance as compare with last week-47 except nifty bank. If we analyze both week’s nifty bank performance then we get a proper conclusion on which week was good for nifty bank. In week-47 at Tuesday nifty bank opened with minor positive gap value and then it performed with much volatility toward bullish trend during this week nifty bank gave three positive bounce that was greater than +1.00% and as well as it gave a high down fall that was less than -2.50% lose due to this performance nifty bank closed with high gain for weekly performance. In week-48 at Monday nifty bank opened with minor positive gap value but it could not perform in particular trend direction it’s performance was opposite to other market indices during this week nifty bank gave two positive bounce that was greater than +1.00% and as well as it gave one high down fall that was less than -1.50% loss due to this performance nifty bank closed with good gain for weekly performance.

In week-47 at Tuesday nifty bank opened with minor positive gap value (+197.95), 28792.25 points and at Friday closed with 29236.00 points and it gave (+2.24%) gain for entire week performance during this week-47 nifty bank performed between resistance level 29700+ points and support level 28700+ points. In week-48 at Monday nifty bank opened with minor positive gap value (+196.80), 29432.80 points and at Friday closed with 29609.05 points and it gave (+1.28%) gain for entire week performance during this week-48 nifty bank performed between resistance level 30000+ points and support level 29000+ points. After analyzed both week’s nifty bank performance we can say week-47 was good gainer week for only nifty bank as compare with week-48.

Nifty bank‘s performance in this week-48 such as, at Monday nifty bank opened with 29432.80 and closed with 29024.20 (-0.72) loss. At Tuesday nifty bank opened with 29265.60 and closed with 29737.25 (+2.46%) gain. At Wednesday nifty bank opened with 30021.90 and closed with 29196.40 (-1.82%) loss. At Thursday nifty bank opened with 29370.40 and closed with 29549.75 (+1.21%) gain. At Friday nifty bank opened with 29622.00 and closed with 29609.05 (+0.20%) gain.

*Nifty Bank’s Performance Table Of The Week-48 Given As Below:

*Nifty Bank’s Top Gainer Stocks Of The Week-48 Given As Below:


Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *