As we can see BANKNIFTY after a long bull run has given a substancial consolidation which has formed into more like flag and pole pattern which is also known as bullish continuation pattern. Resistance we can see here is around 38300 on the break of which it would not only break the consolidation but also break the trendline above and hence any weak to flat opening and breaking above the given level can show one sided rally of 400-600 points so keep watching everyone