Nifty Closes Above 22,500, Analysts See Support at 22,350

Nifty snapped a four-day losing streak on October 5, closing above 22,500 as FMCG, energy, and banking stocks led a recovery. Analysts identify 22,350–22,400 as key support, with resistance at 22,700–22,800 and 23,000–23,200. A break below 22,350 could accelerate selling, while the broader trend remains cautious.