📈 BankNifty-NSE INDEX 19th February 2025 Daily Analysis Based on Main Key Levels

BankNifty-NSE INDEX Technical Overview

Current Market Price (DCMP): 49,554

Key Levels Below DCMP (Support): 49,076 | 48,880 | 48,563

Key Levels Above DCMP (Resistance): 49,273 | 49,394 | 49,590

🔍 Technical Snapshot

Critical Swing Levels:

Swing High: 49,650 🚩

Swing Low: 47,844 🚩

RSI: Neutral (No divergence detected).

MACD: Flatlined, indicating weak directional bias.

💡 Intraday Trade Setups

🟢 Intraday Buy Trade

Entry: 49,324 🎯

Stop Loss: 48,563 🛑

Take Profit 1: 49,076 ✅

Take Profit 2: 49,273 ✅

Rationale: Strong support confluence at 49,324 (Fib retracement + liquidity pool), optimal for bullish reversions.

🔴 Intraday Sell Trade

Entry: 49,873 🎯

Stop Loss: 49,590 🛑

Take Profit 1: 49,394 ✅

Take Profit 2: 48,880 ✅

Rationale: Resistance cluster at 49,873 aligns with Fib extension, signaling bearish rejection potential.

⚠️ Critical Zones to Monitor

Break Above 49,590: Risk of bullish momentum toward 50,000+ levels.

Break Below 48,563: Potential decline to 48,000–47,800 support band.

Pro Tip: Trade price-action reactions at key levels with strict 1:2 risk-reward ratios. Confirm entries with RSI/MACD momentum shifts! 🚀

📌 Why This Works

Fibonacci Synergy: Entries align with Fib retracement/extension levels.

Liquidity Zones: Trades target areas with high orderbook liquidity.

Risk-Managed: Tight stop-losses protect capital in volatile conditions.