#NIFTYBANK 21085..95 is imp level. Bank nifty shown down side outperformance by giving up about 4.52% which is quite high compare to NIFTY. With these move BANKNIFTY has already suggested that it has been a feeble associate of NIFTY and it will continue to be laggard. However by looking at the current chart of BANKNIFTY we can spot a horizontal support line which we mentioned also in our last article. This line comes to around 21000 & 20800 kind of zone. While we do see some kind of consolidation for coming few weeks in BANKNIFTY but we do not see any major sell offs until this mentioned levels are intact. New upside move can be emerged only above 23000 kind of level which seems to be our resistance for now for BANKNIFTY.