📈 NASDAQ 12th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 19,381

NASDAQ consolidates below resistance at 19,488 and above support at 18,976. Key swing levels at 22,239 (high) and 21,343 (low) frame near-term price action.

Key Levels & Technical Snapshot 🎯

🟢 Support Zones

Immediate Support: 18,976 🎯 (Intraday Buy Trigger)

Stronger Support: 18,831

Swing Low (Daily/4H): 21,343

🔴 Resistance Zones

Critical Resistance: 19,488 🎯 (Intraday Sell Trigger)

Upper Resistance: 19,920

Swing High (Daily/4H): 22,239

📊 Technical Indicators

RSI: Neutral at 54, no divergence observed.

MACD: Bullish crossover emerging near 19,168 pivot zone.

Fibonacci: 18,976 aligns with 38.2% retracement; 19,488 matches 61.8% extension.

Trade Setups 💼

1️⃣ Intraday Buy Trade

Entry: 🎯 18,976

Stop Loss: 🚫 18,831

Take Profit 1: ✅ 19,168

Take Profit 2: ✅ 19,376

Rationale:

18,976 support converges with Fibonacci retracement and swing low at 21,343.

MACD bullish momentum strengthens near 19,168 pivot.

2️⃣ Intraday Sell Trade

Entry: 🎯 19,488

Stop Loss: 🚫 19,920

Take Profit 1: ✅ 19,168

Take Profit 2: ✅ 18,831

Rationale:

19,488 resistance aligns with Fibonacci extension and swing high at 22,239.

RSI neutrality suggests limited upside momentum.

Final Outlook 🔍

NASDAQ’s equilibrium near 19,381 signals consolidation. Intraday trades at 18,976 (buy) and 19,488 (sell) offer strategic entries. Monitor MACD for trend confirmation.

🔔 Critical Watch: A break above 19,920 may trigger bullish reversal, while failure below 18,831 could accelerate downside pressure.