After a good bounce early last week, #banknifty is seeing some profit booking consolidation. Or it may be a resumption of the down move. In any case, watch the opening and how the index behaves around the key Fib levels mentioned here. Index heavyweights like HDFC Bank, Kotak, SBI, and ICICI are showing some strength, but it is too early to take a call. Manage your risk well and trade light till the dust settles.