Tech View: Nifty downside support getting stronger

While ending with gains of 98 points, Nifty formed a shooting star like candle on the daily chart but is facing resistance around the 19,800-level.The positive chart pattern like higher tops and bottoms continued on the daily chart and the low of Tuesday at 19615 levels could now be considered as a new higher bottom of the sequence. But, a decisive up move from here is likely to confirm this higher bottom reversal pattern, said Nagaraj Shetti of HDFC Securities.