Banknifty now at make or break level..??

Banknifty closed at very crucial level which is around 38700 which is also a neckline of inverted head and shoulders pattern, we can also see the trendline that banknifty had been following since laast few days had been broken down and hence can now expect banknifty to fall till 38200 levels which is its next demand zone and hence we can see a downfall of more thn 400 points if we see candle closing below 38700, for confirmation one must wait for banknifty to close its candle below 38700 and short accordingly

on the other hand, the banknifty remains bullish above 38800