Nifty Bank index is currently supported in the 57,100-57,000 range, with a potential rise to 57,400-57,450 if it remains above this zone.
A break above 57,450 could further propel the index to 57,600-57,700 in upcoming sessions.
Conversely, a drop below 57,000 may bring pressure, leading to a downside target of 56,900-56,800.
Traders are advised to watch for a breakout from the 57,250-57,500 range before making trading decisions with supports at 57,250 and 57,100, and resistances at 57,500 and 57,650.