Banknifty July 1st Week AnalysisNifty Bank IndexNSE:BANKNIFTYIshanMathur05Bank Nifty is all set for a big week. This marks the third consecutive weekly close in the same range. If it crosses and sustains above the trendline (as shown in the chart below), there is a strong possibility of fresh upside momentum, given the three-week consolidation. However, if it breaches the support zone of 57,750–57,500, we can expect a retracement towards 56,664. All key levels are marked in the chart posted below.