Bank Nifty - Technical view

Bank Nifty - Technical view 1) Chart attached in media 2) This is 1 hour candle stick chart 3) We see SMA 50 retracement time and again 4) First support at 56240 and then 56050 5) Technical set up sideways for the day 6) Short to medium term positive 7) Stock on radar -

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