Bank nifty - technical update

Bank nifty - technical update 1) Bank nifty will face resistance around 55750-55950 2) Technical set up is weak on 1 and 2-hour candle 3) Friday, we opened gap down 4) This gap down will work as very strong resistance now 5) On the down-side support at 55100 6) Stock on radar -

7) Keep a track of PSU bank leaders as well. We see valuations are very good in PSU banks. 8) All this data is for information. 9) This is not a buy/sell call Thank you, Technofunda24