Sensex Today | Stock Market LIVE Updates | Tech View: Nifty bulls using every dip to go long. What traders should do on Friday 

On Thursday, the Nifty index concluded 43 points higher, forming a small positive candlestick pattern with a minor upper shadow. This suggests a range-bound movement in the market near crucial resistance levels around 22,800. The short-term trend of the Nifty remains choppy with range-bound activity. Further upward movement may face significant resistance around the 22,800 levels. Immediate support lies at 22,550, and a dip below this level could potentially lead to further weakness, according to Nagaraj Shetti of HDFC Securities.