It has broken trendline and given breakout and if comes to the supply was broken will act as a demand
Bank Nifty is in this horizontal channel any breakout from this channel can give to 377331 and 37771.
It was forming higher high and higher low till 6 sept, after that forming high it was unable to form high and it broke the previous low so probability of go down till 3732 are there after that it will form fresh decision .This is for educational purpose only i will not be responsible any loss or profit if traded on this idea.