Bank nifty - Technical update

Bank nifty - Technical update 1) Chart attached in media 2) This is 4-hour chart 3) We saw bank nifty taking support at 55100-55200 zone for many a times 4) Almost 4-5 times. It is stuck in a range. Range needs to break on either one side then we can have a big move. 5) On the upside 56100-56200 is the strong supply zone 6) RSI 48 suggesting sideways bias for now' 7) Still Banking and NBFC is a good sector 8) Stock on radar -

9) All this data is for information. This is not a buy/sell call. Thank you, Technofunda24