BankNifty July 3rd Week Analysis

Banknifty closing isn't looking bearish until now , but if it breaches 56500-400 on the downside, then we can expect a retracement upto 55800-500+ . On the upside, if Banknifty successfully crosses and sustains above 57250-300, then we can expect it to continue the upside upto new highs of 57800-58000+ .