Nifty, Bank Nifty Show Bullish Momentum: What to Expect on Feb 19

• Nifty 50 maintained bullish control for three consecutive days, rising 0.4% on Feb 18, signalling a positive start to the F&O expiry week.
• Experts suggest Nifty could march towards 26,000 if it holds above 25,750; key support levels are 25,650 (20-day EMA) and 25,500 (20-day DMA).
• Both Nifty and Bank Nifty formed bullish candles, showing higher high–higher low formations and strong momentum indicators like RSI and MACD.
• Nifty Call options show maximum open interest at 26,000, acting as key resistance, while Put options indicate strong support at 25,500.
• India VIX continued its downtrend, falling 3.55% to 12.22, suggesting comfort for bulls, with a rising Put-Call ratio indicating bullish sentiment.