Nifty, Bank Nifty: Key Levels & Options Data for Dec 24 Trade Setup

• Nifty 50 closed flat with positive bias, extending uptrend; experts foresee consolidation before a move to 26,300-26,400.
• Bank Nifty showed cautious positive bias despite a bearish candle, sustaining above key moving averages.
• Nifty's key resistance at 27,000 (Max Call OI), support at 26,000 (Max Put OI); Bank Nifty resistance at 59,500, support at 59,000.
• Nifty Put-Call Ratio dropped to 1.14, indicating bullish sentiment; India VIX hit a record low of 9.38, comforting bulls.
• Significant F&O activity: long build-up in 71 stocks, short build-up in 69 stocks; Sammaan Capital remains in F&O ban.

Why It Matters: Market shows cautious positive bias with Nifty consolidating before potential upward move.