Dec 9 Trade: Nifty falls, bearish mood prevails

• Nifty 50 snapped its two-day winning streak, falling 0.86% and dropping below short-term moving averages, indicating short-term caution.
• Key Nifty 50 levels include crucial support at 25,840 and resistance at 26,100–26,200, with maximum Call OI at 26,200 and Put OI at 25,900.
• Bank Nifty showed a bearish candle but defended the 20-day EMA, suggesting a slight loss of momentum or consolidation.
• Bank Nifty's key resistance is at 60,000 and support at 59,500, based on options data.
• The Nifty Put-Call ratio dropped to 0.64, indicating a bearish mood, while India VIX spiked 7.85% to 11.13, signalling caution.

Why It Matters: It provides vital market insights and data for traders before December 9's opening.