Banknifty On Verge of a Breakout BANKNIFTY INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NSE:BANKNIFTY1! PowerTrades Banknifty Has been Trading in a consolidated tight range for this week. we are on the verge of a break on either side for a big play. Watch out and position for the big picture move. Will look for the break out and hold outside the value area zones for the week.