Banknifty daily chart analysis

Daily chart analysis

Today banknifty open below 200 DMA and and closed 1178 points down at 34439.
Banknifty managed to hold 34000 mark above took a bounce of 450 point from there.

Now for Tuesday 34000 level is very important if it breaks and started trading below 33950 we can banknifty near 33313 followed by 33000.