Bank Nifty will fall till 30,689.95 and shoot up

A similar scenario on Bank Nifty as that of Nifty 50. It will first retrace to 34,489.60 then fall to 32,858.85, then retrace back again till 33.372.45 and then fall again till 30,689.95. From 30,689.95, it will shoot up to take out 37,712.60