SENSEX PERFORMANCE OF THE WEEK-50/2020

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Market’s performance was good in this week-50 with average volatility at strong bullish trend. In this analysis we will analyze both weeks ( week-49 and week-50) performance then we get a proper conclusion on which week was good for sensex performance. In week-49 at Tuesday sensex opened with minor positive gap value and then it performed with much volatility from start to end of the week during this week sensex gave two high positive bounce that was greater than +1.00% gain and also gave minor down fall due to this performance at Friday sensex closed with good gain for weekly performance. In week-50 at Monday sensex opened with minor positive gap value and then it performed with average volatility in this week sensex was increasing continuously with strong bullish trend and sensex appeared with positive gain for entire week except weekly expiry at expiry sensex gave minor down fall due to this performance at Friday sensex closed with good gain for weekly performance.

In week-49 at Tuesday sensex opened with minor positive gap value (+286.11), 44435.83 points and at Friday closed with 45079.55 points and it gave (+2.10%) gain for weekly performance during this week sensex performed between resistance level 45000+ points and support level 44400+ points in this week sensex touched it’s strong resistance level 45000 points. In week-50 at Monday sensex opened with minor positive gap value (+20.37), 45099.92 points and at Friday closed with 46099.01 points and it gave (+2.26%) gain for weekly performance during this week sensex performed between resistance level 46100+ points and support level 45000+ points in this week sensex touched it’s strong resistance level 46000 points after analyzed both weeks performance we can see sensex made new resistance level in both week if we compare both weeks performance then we can say week-50 was good for sensex, this performance was due to some sectors performed good in sensex indices such as, FMCG sector, Technology sector, Oil sector.

Sensex performance in this week-50 such as, at Monday sensex opened with 45099.92 and closed with 45426.97 (+0.77%) gain. At Tuesday sensex opened with 45568.80 and closed with 45608.51 (+0.40%) gain. At Wednesday sensex opened with 45891.04 and closed with 46103.50 (+1.09%) gain. At Thursday sensex opened with 45999.42 and closed with 45959.88 (-0.31%) loss. At Friday sensex opened with 46060.32 and closed with 46099.01 (+0.30%) gain.

*Sensex Performance Table Of The Week-50 Given As Below:

*Sensex Top Gainer Stocks Of The Week-50 Given As Below:


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