Nifty Bank index seen rising with support at 56,960 and potential to reach 57,400 if momentum is maintained.
Intraday resistance for Nifty Bank July Futures at 57,350 with a possibility to move higher to 57,500-57,550 upon breaking this level.
Failure to breach 57,350 could lead to a downward move towards 57,000.
Recommendation: Wait for a break above 57,350 to go long with stop-loss and trailing strategies in place, and consider exiting long positions at 57,490.