As we can see BANKNIFTY finally broke out of a month long consolidation and an inverted head and shoulders pattern due to which we saw continuous green candles from that very level but on a cautious note we can see BANKNIFTY heading towards a psychological level which is 36000 and this level has acted as an important level before and hence if opens big gap up we can banknifty trapping upside and finally move down as a retracement! We should only make new buying level if sustained above given 36000 level