Immediate support lies at 22,560, followed by 22,200-22,250, where the index bottomed in April and early October. The next major support is at 22,000. On the upside, resistance is at 22,760, followed by the 21-day SMA near 22,870 and the 23,600-23,770 zone, marked by the 50-day and 100-day SMAs.
