Nifty ended lower on Friday dimming hopes of an earlier rate cut in the U.S. A dip below the key 22,300 support level will fuel further selling, according to Vaishali Parekh.
"Once we saw Nifty breaking 22,600 level, we advised our clients to exit as we are looking at a downside of 22,300, which is a prominent support level. If it breaks, we may see further selling," Parekh, vice president, technical research at Prabhudas Lilladher Pvt., told NDTV Profit.
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