Bank nifty - Technical view

Bank nifty - Technical view 1) This is weekly chart 2) We have seen a breakdown on charts 3) Trendline has been broken with good weekly volumes - Major support around 55000 - lets see if it holds for now. 4) Chart attached in media 5) Stock on radar -

6) Weekly RSI also slipped below 60 hence indicating sideways momentum 7) However extreme short term t trend is bearish as daily RSI is below 40. 8) All this is for information. 9) This is not a buy/sell recommendation. Thank you, Technofunda24