Bank Nifty spot 54809.30 by Daily Chart view - Weekly Update

Bank Nifty spot 54809.30 by Daily Chart view - Weekly Update
- Support Zone 53575 to 54175 for Bank Nifty Index
- Rising Support Channel seems back in positive action mode
- Resistance Zone 54975 to 55575 of Bank Nifty Index may act as a strong barrier to cross
- Minor Gap Down Opening of Tuesday would get closure soon, probably over the next week
- Earlier Resistance Zone now seems like getting in the Support Zone role by this weeks closure