Bank Nifty updates for the day

Bank Nifty updates for the day 1) Bank nifty on a daily chart has crossed RSI 60 2) It crossed SMA 50 as well 3) Major support zone now at 55400-55500 4) major resistance at 56100-56200 5) Sentiments are now bullish for short to medium term 6) Sector bias is positive. Market/nifty bias positive as well. 7) Stock on radar

- All this is for information. This is not a buy/sell recommendation. Thank you, technofunda24