Banknifty July 4th Week AnalysisNifty Bank IndexNSE:BANKNIFTYIshanMathur05BankNifty has been consolidating in the same range for the past 5 weeks. In the upcoming week, we can expect BankNifty to make a decisive move. Bullish Scenario: If BankNifty crosses and sustains above 58,813, the upside momentum is likely to continue towards the resistance zone of 60,135–60,465. Bearish Scenario: If BankNifty breaches the support range of 58,285–57,888, we can expect further retracement up to 56,765. All key levels are marked in the posted chart.