Nifty, Bank Nifty Dec 16: Key levels, options data, and market sentiment

• Nifty 50 ended marginally lower, sustaining above key moving averages, with consolidation expected and support at 25,750–25,700.
• Bank Nifty formed a bullish candle, closing above a downward-sloping trendline, indicating improving momentum with cautious optimism.
• Nifty's key resistance is at 26,200 (Call OI), and support is at 25,900 (Put OI).
• The Nifty Put-Call ratio rose to 1.18, suggesting a firming bullish sentiment, while India VIX remained low.
• Bandhan Bank is retained in the F&O ban list.

Why It Matters: This provides essential market data and analysis for December 16 trading decisions.