Banknifty May 3rd Week ViewNifty Bank IndexNSE:BANKNIFTYIshanMathur05Bank Nifty is looking bearish; however, in the current global uncertainty, we cannot stick to a single view as things can change very quickly. Keeping this in mind, I have analyzed both the bullish and bearish case scenarios. Bull Case: If Bank Nifty crosses and sustains above 54,200, there is a strong chance that the upmove can sustain and continue towards the next resistance zone around 55,275. Bear Case: If Bank Nifty breaches the support range of 53,377–53,032, we can expect further retracement up to 51,868. #StockmarketsIndia #Nifty #WeeklyView