Technical View: Further rally depends on 26,000 as momentum holds; VIX comforts Nifty bulls, Bank Nifty defends 60,500

The weekly options data indicated that 26,000 is expected to be a crucial resistance zone, which was tested intraday on Wednesday, with immediate support at 25,900.   Nifty outlook for February 12 The Nifty 50 maintained its uptrend for the fourth consecutive session despite consolidation and continued forming higher highs and higher lows for three…