If bank nifty finds support at 34800 levels, like holding that level for a day or two, it can give an upside move, then it should find a breathing point at 35932, later a good upside momentum towards, 38672, 41213 in 1-2 months time. It seems todays decline is normal profit taking or intraday sell from day high not a trend reversal or weakness. If 34800 levels is broken, and got rejected further, it can attract the sellers possibly but still over all trend is up unless it breaks 34000. Sharing for short term and swing plans.