Banknifty September 1st Week AnalysisNifty Bank IndexNSE:BANKNIFTYIshanMathur05Banknifty appears ripe for a big move on either side in the upcoming week. The move will be accompanied by high volatility. If Banknifty is able to successfully cross and sustain above the 57,727 to 58,040 zone, then we can expect the upside momentum to continue up to the resistance zone of 58,667 to 58,900+.On the downside, if Banknifty breaches the support range of 57,309 to 56,995, then we can expect further retracement up to 55,898. All levels are marked in the chart posted.