On the daily timescale chart, the Nifty reached new highs and finished 84 points higher at 19,833, forming a small green candle at the high with minor upper and lower shadows. This pattern technically suggests the emergence of a high wave type candle pattern at the highs, which is the second identical pattern in the last two sessions, according to analysts. On an intraday basis, the Nifty took triple bottom support near 19,730 zones and climbed rapidly to close near 19,850 zones.


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