The 26,200 Trap: Who is Secretly Defending This Massive Resistance?... 24-Dec-25

Nifty opened with hope but slammed straight into a wall at 26,200. Why does this specific number keep rejecting the Bulls? The data shows "Aggressive Call Writing"—meaning the big players are betting heavily against a breakout. We are sitting right below the highest closing level of the last year (26,220), and the tension is building. While Media and Realty stocks are fighting back, Oil & Gas and Pharma are dragging us down. Tonight, Neel Parekh decodes the "Max Call OI" mystery and gives you the exact levels (26,050 vs 26,325) that will decide the next big move. Don't get caught on the wrong side of the breakout.