Bank Nifty April if holds the higher level of 12700 on closing basis will test the lower level of 11500 - 10500 - 9500 on lower side. CMP is 12580
Nifty is forming Bullish pennant formation after the uptrend and is showing sign of hhigher to and higher bottom formation. if the higher resistance level of 6610 is holding with stop loss of 6640 can wait for lower support of 6520 as first support and further trading below 6520 will confirm the down trend where it will test the level of 6300 - 6220 on lower side.
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