NIFTYBANK - Softer or Slower CPI

Nifty bank, the moves here are a simple climb, then a consolidation. Consolidation either a downward flag or a rectangular (combination or mix providing larger rectangle). It is gap open on Friday post the US CPI and we have not gone anywhere since we hit that high. Almost two days of staying at top. We had our own CPI coming lower but tad slower than expectations. Market may focus on directional move than the absolute move and the trust of the establishment that inflation is coming down narrative to aid the moves. A move and close above 42300 would aid the bull's case (Many places look tired hence it would be more profit taking moves than a stability one's). Supports 41900-41780-41680, Supply 42180-42300-42430.