As we can see BANKNIFTY had been consolidating since last week now and no significant move can be seen past 6-10 days hence we can expect a strong and unidirectional move in coming trading session anytime sooner! for the above move to happen banknifty needs to break either of the levels which includes 42700 being a strong resistance and below the level to be broken off is 41500 which is also a psychological level hence until and unless either of the levels are broken and sustained one must not make any new position and wait for proper entry