(CNN) -- Novak Djokovic can move above Roger Federer in the world rankings by beating the 16-time grand slam champion in the semifinals of the Masters Series event at Indian Wells on Saturday. The Serbian will clinch the No. 2 spot behind Rafael Nadal if he continues his hot form this year, which has seen him beat Federer on the way to winning the Australian Open and then again in the Dubai Tennis Championships final last month. The 23-year-old stormed into the last four of the Californian desert event on Friday with a 6-2 6-4 dismissal of French 18th seed Richard Gasquet, his 16th successive victory this year and 18th including the Davis Cup final in December.
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Novak Djokovic will take on Roger Federer in the semifinals at Indian Wells
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Serbian can claim the world No. 2 ranking if he beats Federer for third time this year
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No. 1 Rafael Nadal faces former U.S. Open champion Juan Martin Del Potro in other semi
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Marion Bartoli becomes first Frenchwoman to reach the final of California event
Nadal, 24, has only recently recovered from a hamstring injury sustained at January's @placeholder, where he lost in the quarterfinals.