As we can see similar to NIFTY, BANKNIFTY can also be seen falling unidirectionally and had been in downtrend making proper lower lows and watching it in a bigger time frame we can see it has formed more like a head and shoulders pattern and now it can be seen trading in a demand zone and an important psychological level of 44200 which is also a neckline of the supposed pattern hence any signs of rejection around this level should be a good buy so plan your trades accordingly