"Private banks may take a backseat, may see a small bounce back here and there but PSU banks should actually do good from here. So that puts up around 60-65% of the Nifty in a rather sweet zone, which after this consolidation, especially since we have crossed the 20-day moving average on Friday, closed well above that. The chances of the Nifty heading towards the 20,400 mark in September seems very high. "