Banknifty July 3rd Week Analysis.Nifty Bank IndexNSE:BANKNIFTYIshanMathur05Similar to Nifty, Bank Nifty has also been consolidating in this range for the past 4 weeks, and the upcoming week could be a make-or-break for Bank Nifty. Bulls: If Bank Nifty crosses and sustains above 58,525, we can expect upside momentum to continue up to the next resistance zone of 59,815–60,073.90. Bears: If Bank Nifty breaches the support range of 57,750–57,027, we can expect further retracement up to 56,305. All the levels are marked in the chart posted.