📉📈 BankNifty-NSE INDEX Daily Analysis Based on Main Key Levels – March 24, 2025

Daily Current Market Price (DCMP): 51,661

Critical Price Zones 🔑

Above DCMP (Resistance/Sell Zones):

Immediate Resistance: 52,296 🛑

Major Resistance: 52,296 🔥

Below DCMP (Support/Buy Zones):

Immediate Support: 51,350 🛡️

Major Support: 50,641–47,702 🟢

Swing Levels (Daily/4hr):

Swing High: 50,641 📈

Swing Low: 47,702 📉

Technical Framework 📊

RSI: Neutral at 52, indicating balanced momentum.

MACD: Bullish crossover weakening near the zero line.

Fibonacci: Key confluence at 51,350 (38.2% retracement) and 52,296 (61.8% extension).

Institutional Trade Setups 💼

1️⃣ Intraday Buy Trade Idea 🟢

Entry: 51,350 🎯

Stop Loss: 50,641 🚫

Take Profit 1: 52,296 ✅

Take Profit 2: 52,296 ✅

Rationale: Strong support alignment with bullish reversal patterns on lower timeframes.

2️⃣ Intraday Sell Trade Idea 🔴

Entry: 52,296 🎯

Stop Loss: 52,296 🚫

Take Profit 1: 51,350 ✅

Take Profit 2: 50,641 ✅

Rationale: Resistance cluster at Fib extension level with bearish divergence.

Risk Management Protocol ⚠️

Position size ≤ 1% of capital per trade.

Trail stops to breakeven at TP1.

Avoid trading during major economic data releases.

This analysis integrates Fibonacci retracements, institutional liquidity zones, and momentum indicators. Confirm with real-time order flow data before execution. 🚨