As we can see BANKNIFTY despite the sudden downfall we saw BANKNIFTY getting support around our breakout level which previously acted as a resistance, now can be seen acting as a SUPPORT, WE did see more than 250++ points upmove from our given level of 43350, BANKNIFTY is likely to stay sideways but bullish till it maintains itself above 43300 else it might enter in the range of consolidation if couldnt sustain itself