As we analysed that BANKNIFTY might face resistance around 36000 level and though it went above 36000 in the first half but closed below 36000 which shows it is acting as a good supply zone and respected the trendline too hence for now BANKNIFTY can become sideways for bearish if sustains below 36000 else if manages to sustain above 36000 then we can see a starting of new bull run