Bank Nifty Weekly Insights: Key Levels & TrendsNifty Bank IndexNSE:BANKNIFTYALICEBLUEThe Bank Nifty ended the week at 55,458.85, gaining +1.19%. Key Levels for the Upcoming Week Price Action Pivot Zone: 55,342 to 55,577 – This blue-shaded range is the key area to watch. A breakout on either side could decide next week’s trend direction. Support Levels S1: 54,990 S2: 54,521 S3: 54,035 Resistance Levels R1: 55,932 R2: 56,405 R3: 56,850 Market Outlook Bullish Scenario: If Bank Nifty sustains above 55,577, buyers may gain control, pushing the index toward R1 (55,932), followed by R2 (56,405) and R3 (56,850). Bearish Scenario: If the index falls below 55,342, sellers could dominate, leading the index toward S1 (54,990), and potentially to S2 (54,521) and S3 (54,035). Disclaimer: https://tinyurl.com/59ypbsrh