Machega Dhamaka

Bank Nifty is in the worst situation as comparable to Nifty as Bank Nifty has broken down from 29/04/21 highs of 34287. If anyhow it manages to close above this level, then it can sustain the uptrend otherwise it's gone and heading towards the levels of 32500. What I am seeing on the RSI too its an indication that the trend has been reversed with a heavy pressure on broader markets.