Trade Setup for Feb 6: Nifty, Bank Nifty Outlook Ahead of RBI Policy Decision

• Nifty 50 fell 0.5% on Feb 5, closing at 25,643, ahead of the RBI policy meeting.
• Nifty's key support is 25,500-25,450; resistance at 25,800-26,000. A fall below support could lead to 25,000.
• Bank Nifty closed at 60,064, showing consolidation with strength, maintaining above key moving averages.
• Maximum Call OI for Nifty is at 26,000 strike, while maximum Put OI is at 25,000 strike, indicating resistance and support levels.
• India VIX fell for the fourth consecutive session to 12.17, signaling comfort for bulls and lower uncertainty.