NIFTY BANK PERFORMANCE OF THE WEEK-52/2020

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Market’s performance was not good in this week-52, market performed with much volatility toward both trend’s direction ( bullish and bearish trend direction) in entire market had no particular trend direction. In this analysis we will analyze both weeks nifty bank’s performance then we get a proper conclusion on which week was good for nifty bank performance. In week-51 at Monday nifty bank opened with minor positive gap value and then performed with average volatility toward both direction bullish and bearish during this week nifty bank gave two minor down fall and three positive bounce due to this performance nifty bank closed with minor positive gain for weekly performance. In week-52 at Monday nifty bank opened with minor down gap value and then it performed with much volatility toward both trend direction ( bullish and bearish trend direction) due to this volatile performance nifty bank gave one down fall that was less than -4.00% loss and one positive bounce that was greater than +1.00% due to this volatile performance at Thursday nifty bank closed with high loss for weekly performance.

In week-51 at Monday nifty bank opened with minor positive gap value (+130.30), 30735.15 points and at Friday closed with 30714.65 points and it gave (+0.36%) gain for entire weekly performance during this week nifty bank performed in very short range (+109.80) and it made resistance level 30900+ points and support level 30600+ points. In week-52 at Monday nifty bank opened with down gap value (-118.85), 30595.80 points and at Thursday closed with 30402.20 points and it gave (-1.02%) loss for entire weekly performance during this week nifty bank performed in negative range(-312.45) and it made resistance level 30500+ points and support level 29400+ points. After analyzed both weeks performance we can say week-51 was good for nifty bank performance.

Nifty bank‘s performance in this week such as, at Monday nifty bank opened with 30595.80 and closed with 29456.45 (-4.10%) loss. At Tuesday nifty bank opened with 29607.50 and closed with 29625.95 (+0.58%) gain. At Wednesday nifty bank opened with 29560.75 and closed with 29883.30 (+0.87%) gain. At Thursday nifty bank opened with 30071.65 and closed with 30402.20 (+1.74%) gain.

*Nifty Bank’s Performance Table Of The Week-52 Given As Below:

*Nifty Bank’s Top Gainer Stocks Of The Week-52 Given As Below:


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