📊 BankNifty-NSE INDEX 11th February 2025 Daily Analysis Based on Main Key Levels

 Daily Current Market Price (DCMP): 49,581

Immediate resistance above | Critical support below

🔑 Price Architecture

Resistance (SELL Zones):

✅ 49,902 🚨 (Key Rejection Zone)

✅ 50,565 📍 (Order Block Cluster)

✅ 51,637 🏔️ (Swing High)

Support (BUY Zones):

✅ 49,239 🛡️ (Strategic Defense Line)

✅ 48,829 📉 (Liquidity Pool)

✅ 47,844 🪙 (Swing Low)

Swing Extremes:

🔺 Swing High: 49,650

🔻 Swing Low: 47,844

📊 Technical Framework

Fibonacci Confluence: Price tests 61.8% retracement (49,239-49,902 zone)

Momentum Shift: RSI at 52 (neutral), MACD lines converging near zero

Pattern Alert: Bullish flag breakout on 4H chart

Volume Analysis: Heavy call writing observed at 49,902

💡 Trade Setup #1: Intraday Buy

Entry: 49,239 🟢

Stop Loss: 48,829 🔴 (410 points risk)

Take Profit 1: 49,902 🟡 (1:1.62 RR)

Take Profit 2: 50,565 🔵 (1:3.23 RR)

Rationale: Confluence of 200-EMA support + bullish order block + institutional accumulation zone

💡 Trade Setup #2: Intraday Sell

Entry: 49,902 🔴

Stop Loss: 50,565 🟠 (663 points risk)

Take Profit 1: 49,239 🟡 (1:1 RR)

Take Profit 2: 48,829 🔵 (1:1.62 RR)

Rationale: Historical resistance + bearish divergence on hourly charts

⚠️ Execution Protocol

Monitor RBI policy announcements (10:00 IST)

Track US bond yield movements

Use trailing stops post 11:30 AM volatility surge