Bank Nifty - technical view

Bank Nifty - technical view 1) Chart attached in media 2) This is weekly chart 3) We see a bearish engulfing on chart 4) This is marked with arrow 5) This indicates a trend reversal generally. 6) Bank nifty also rejected earlier high as a support 7) Now 55750-55950 will work as resistance 8) Support 55000-55100 shall word as support 9) Technical set up is bearish for short term. Stock on radar -

10) This is for information 11) This is not a buy/sell call Thank you, Technofunda24