Banknifty June 3rd Week Analysis

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Banknifty June 3rd Week AnalysisNifty Bank IndexNSE:BANKNIFTYIshanMathur05Banknifty can remain highly volatile, and we can expect a green bar on weekly charts . Expecting short covering from lows if we do not get any fresh global uncertainties. Imp levels to watch on the downside are 55200 and 54800. And for the upside, Banknifty must cross and sustain above 55750-55950 . 
All levels are marked in the chart posted.