As we can see BANKNIFTY had shown one sided upmove but we can see it getting closer to its eminent psychological level and an important resistance, if BANKNIFTY opens above the given level then we might see a sudden pullback in the first half itself and coming itself in zone but if somehow BANKNIFTY manages to sustain above the given level then we might see a big upside rally in coming trading sessions! On the other hand we can see BANKNIFTY showing retracement before continuing its main trend