Nifty Faces Key Resistance at 22,800, Support at 22,300

The Nifty 50 rebounded 1.3% on October 9 after hitting an 18-month low, forming a Bullish Harami pattern that signals a potential reversal. To extend gains, the index must reclaim 22,800 and then 23,000, while 22,300 and 22,180 provide support. Follow-through buying is needed to confirm the reversal.