📊 BankNifty-NSE INDEX 12th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 49,412

Price consolidates below immediate resistance, with swing boundaries defining intraday bias. Critical zones above/below DCMP guide directional trades.

🔑 Key Technical Levels

🛑 Resistance (Sell Zones)

Immediate Resistance: 49,902

Strong Resistance: 50,565–51,637

🟢 Support (Buy Zones)

Immediate Support: 49,239

Strong Support: 48,829–48,166

📉 Swing Levels

Swing High: 49,650

Swing Low: 47,844

📊 Technical Snapshot

RSI: 61.4 (approaching overbought territory).

MACD: Bearish crossover on 4H chart near resistance.

Fibonacci: 49,239 aligns with 50% retracement; 49,902 marks 61.8% extension.

💡 Intraday Trade Setups

1️⃣ Intraday Buy Trade

Entry: 🎯 49,239

Stop Loss: 🚫 48,829

Take Profit 1: ✅ 49,650

Take Profit 2: ✅ 49,902

Rationale: Support confluence at 50% Fibonacci retracement + bullish RSI divergence.

2️⃣ Intraday Sell Trade

Entry: 🎯 49,902

Stop Loss: 🚫 50,565

Take Profit 1: ✅ 49,239

Take Profit 2: ✅ 48,829

Rationale: Resistance cluster at 61.8% Fibonacci extension + bearish MACD confirmation.

🔍 Critical Observations

Break above 49,902 could target 50,565 (R1).

Sustained trading below 49,239 risks decline toward 48,829 (S1).

Monitor India VIX and banking sector earnings for volatility triggers.

⚠️ Risk Note: Tight stops advised amid global equity volatility and RBI policy uncertainty.