The Nifty 50 registered a fresh low near 22,200 before recovering part of its intraday losses. On the downside, 22,200–22,000 remains a key support zone. A sustained break below this band could intensify selling pressure and potentially extend the decline towards 21,700–21,600. Conversely, any near-term recovery is likely to face initial resistance at 22,600–22,800, which has emerged as a key technical hurdle following the recent breakdown.
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