Dec 11 Trade Setup: Nifty, Bank Nifty Bearish; Key Levels to Watch

• Nifty 50 remained under pressure for the third session, closing below short-term moving averages; 25,700 (50-day EMA) is key support, 25,950-26,000 is immediate resistance.
• Bank Nifty formed a bearish candle, falling below 59,000 for the first time since November 25, indicating a bearish tone.
• Nifty options data shows maximum Call open interest at 26,000 (resistance) and maximum Put open interest at 25,500 (support).
• Bank Nifty options data indicates maximum Call open interest at 60,000 (resistance) and maximum Put open interest at 59,500 (key level).
• The Nifty Put-Call ratio fell to 0.73, reflecting a bearish market mood; India VIX was down at 10.91.

Why It Matters: This offers vital market data and analysis for traders' decisions.