As we can see BANKNIFTY had been in consolidation since last week now and had been hitting 41500 level which was a psychological level and also acted as an important resistance ever since, now following the global cues we can expect a gap up opening above 41500 level, only that we’ll have to wait for candle to close abovw given level hence any closing above 41500 level we might see easy 300-400 points rally in single run