37000 is here, Is BANKNIFTY heading towards strong demand zone?

As expected and analysed we did a strong selling and fall though it opened huge gap down, but now it is important to see because BANKNIFTY is heading towards important demand zone from where multiple reversal has been seen and it couldn’t break in one go! If opens gap down we can see BANKNIFTY to fall till 36500 and reverse from that very area! We won’t make any new selling positions unless 36500 is broken below ! On the other hand we can see a sideways to slightly bullish market If opens flat to small gap up