Nifty Eyes New High: 26200 Breakout Key, 25880 Crucial Support

• Nifty ended a four-day losing streak, closing 0.74% higher above 26,000, signaling a strong start to the January 2026 series.
• A move above 26,200 could open the path to a new high for Nifty, with 25,880 identified as crucial support.
• Both Nifty and Bank Nifty show strong bullish momentum, breaking resistance levels and supported by positive technical indicators like RSI and MACD.
• India VIX fell to 9.47, indicating low market volatility and increased confidence among traders.
• Nifty's Put-Call Ratio rose to 1.27, reflecting a bullish sentiment in the market.

Why It Matters: Nifty and Bank Nifty show strong bullish momentum; 26200 is key for Nifty's new high.