Banknifty June series - 1st Week Analysis

Banknifty is looking positive for the upcoming week , but upside confirmation only if Banknifty crosses and sustains above 56000-56100. Until then, Banknifty trend is not confirmed, especially for upside. As of now, downside looks limited, but if Banknifty breaches 55000, then we can expect a small retracement . ALL LEVELS ARE MARKED IN THE CHART POSTED.