Dec 8 Trade Setup: Nifty, Bank Nifty bullish; VIX low, F&O ban list.

• Nifty 50 extended its uptrend, showing bullish indicators like moving averages and momentum, with potential targets at 26,300-26,500 and support at 26,000-25,900.
• Bank Nifty sustained above key moving averages, forming a long green candle and showing building strength with RSI nearing a positive crossover.
• Nifty options data indicates key resistance at 26,500 (max Call OI) and strong support at 26,000 (max Put OI).
• The Nifty Put-Call Ratio (PCR) rose to 1.22, signaling bullish market sentiment, while India VIX fell to 10.32, indicating low volatility.
• Kaynes Technology India was added to the F&O ban list; Bandhan Bank and Sammaan Capital remain under the ban.

Why It Matters: It gives traders key market data for December 8 trading decisions.