BankNifty-NSE INDEX Daily Analysis Based on Main Key Levels - April 25, 2025

Daily Current Market Price (DCMP): 54,353

📊 Key Levels Summary

Above DCMP (Resistance):

• Immediate: 54,492 🟠

• Strong: 55,456-55,742 🔴

• Major: 56,064 🛑

Below DCMP (Support):

• Immediate: 53,520-52,548 🟢

• Strong: 51,948-50,976 🟢

• Major: 50,641 🛑

Swing Levels:

• Swing High: 56,064

• Swing Low: 50,641

🔍 Technical Snapshot

• Fibonacci: Critical support at 53,520 (38.2% retracement)

• RSI: Neutral at 48 - Potential bearish momentum developing

• MACD: Flat near zero line - Watch for directional crossover

💡 Trade Setups

1️⃣ Intraday Buy Trade

• Entry: 53,520 🟢

• Stop Loss: 52,548 🛑

• Take Profit 1: 54,353 🎯

• Take Profit 2: 54,492 🎯🎯 

Rationale: Strong confluence of support and Fib level

2️⃣ Intraday Sell Trade

• Entry: 54,492 🟠

• Stop Loss: 55,456 🛑

• Take Profit 1: 53,520 🎯

• Take Profit 2: 52,548 🎯🎯 

Rationale: Resistance test with bearish RSI divergence

📌 Critical Observations

• Break above 54,492 could target 55,456

• Holding below 53,520 opens path to 52,548

• Swing high at 56,064 remains key resistance