Nifty targets new highs with 26,000 support; Bank Nifty eyes 59,500 as VIX hits 2-month low

• Nifty 50 rallied for a second consecutive session, closing at 26,047, above short-term moving averages.
• Nifty's path to new highs hinges on sustaining above 26,000, with potential resistance at 26,200-26,300.
• India VIX dropped to a two-month low of 10.11, boosting market confidence.
• Bank Nifty gained but formed a Doji, indicating indecision; a sustained move above 59,500 is crucial for further upside.
• Immediate support for Nifty is at 25,900-25,800, while Bank Nifty's strong support is at 58,900-58,800.

Why It Matters: It shows key Nifty/Bank Nifty levels, guiding investment decisions.