Brooklyn Thanks for your help, I just thought i will reply here for the benefit of anyone who is looking for a solution to the same problem.
Hi guys,
Just fixed my tranny with the same problem, i had replaced the solenoid block and tightened bands in an effort to fix this issue, however after going through alll the threads in this forum on 5r55w, i decided to take my tranny apart. On having it on the bench, i had opened the pump and uptil the place where you have the od band and i decided i will take out the OD servo before going further into the beast. The OD band was intact and i could achieve the appropriate torque, however when i opened the OD servo cover, i found that the OD servo had broken and popped out in a circle where the piston attached the umbrella like thing on its head.
So this explained why i had this problem even when i could achieve the necessary torque, Replaced the servo, and the band and put it all back together, Now it runs like new!!
Thanks to Glacier, brooklyn bay and all other guys who has made this forum what it is. I will become a paid member next month...all the info that you have provided has saved me a lot of money and it is only fair that i do something which will help this site keep going!. The dealer wanted 10 times the amount that i spent on fixing it and the local transmission shops wanted money in advance and they wouldn't guarantee anything.
Thanks again guys and keep up the good work!!... And to guys who had the same problem and went off without giving feed back as to how it was fixed....Thanks to you too!!