Trade Setup Dec 17: Nifty Struggles at 26,000, Bearish Signals Emerge

• Nifty 50 closed 0.64% lower on Dec 16, failing to hold 26,000; shows bearish candle and lower high-lower low formation.
• Bank Nifty also saw a bearish candle, closing 0.7% down, indicating short-term weakness and consolidation.
• Nifty's key resistance at 26,000 (max Call OI) and support at 25,500 (max Put OI).
• Nifty Put-Call Ratio dropped to 0.9, signaling a bearish market mood.
• India VIX fell to 10.06, lowest since Oct 7, but warns of potential sharp market movements.

Why It Matters: Nifty faces resistance at 26,000; market shows short-term bearish bias for Dec 17.