As we can see BANKNIFTY had been in consolidation since 15 days now between 41200-41700 hence to show a new trend BANKNIFTY must sustain above or below the given levels hence if BANKNIFTY opens weak and below 41000 we might see a start of new downtrend, if opens strong and gettinh rejected then it can remain sideways! BANKNIFTY is ready to decide the trend now