this can be wonderful if it bounce back at fib retracement level 0.786 from latest high, but last 3 days a clear down trend so time conflexion between weekly and daily charts fib 0 level 606 acts as support . fib levels follows as 606,624,636,645,654,667,684,700.
In BANKNIFTY hourly chart we have rising wedge pattern, if it stays above 20200 level by 13th Apr EOD can expect bullish week. If it falls tomorrow we can expect good monthly support at 19500 level and continuation we can expect bearish week and closing might be around 18000 level.
Nifty hourly chart has rising wedge pattern which indicates if NIFTY stays above 9200 level on 13th Apr,we can expect bullish week otherwise considering holiday on 14th Apr, we can see it around 8600 level by 17th Apr.