📊 NASDAQ 18th March 2025 Daily Analysis Based on Main Key Levels

Current Market Price (CMP): 19,722

🔑 Immediate Price Context

Above CMP (Resistance):

🚨 Immediate Resistance: 20,014

Breakout Threshold: 20,254

Below CMP (Support):

🛡️ Critical Support: 19,262

Downside Target: 18,611

Swing High/Low (4H/Daily):

Swing High: 22,239

Swing Low: 19,109

🔍 Technical Snapshot

Key Levels: Resistance cluster at 20,014–20,254; Support shelf at 19,262–18,611.

Fibonacci Zones: 19,109–19,604 aligns with 61.8% retracement; 20,014 marks 38.2% extension.

RSI: Neutral at 54 (no divergence detected).

MACD: Histogram flat near zero, indicating indecision.

💡 Trade Idea 1: Intraday Buy Setup

Entry Price: 🟢 19,262

Stop Loss: 🔴 19,109 (below swing low)

Take Profit 1: 🟡 19,604 (Fib retracement zone)

Take Profit 2: 🟢 19,999 (pre-resistance liquidity pool)

Rationale: Strong confluence at 19,262 with historical accumulation volume and Fib 61.8% support.

💡 Trade Idea 2: Intraday Sell Setup

Entry Price: 🔴 20,014

Stop Loss: 🟢 20,254 (above resistance cluster)

Take Profit 1: 🟡 19,507 (swing low retest)

Take Profit 2: 🔴 19,109 (major swing low)

Rationale: Resistance retest at 20,014 aligns with bearish order blocks and Fib 38.2% extension.

⚠️ Critical Observations

Breakout Watch: Sustained close above 20,254 could trigger momentum toward 22,239.

Risk Alert: Breakdown below 19,262 invalidates bullish bias, targeting 18,611.