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ā¢ Nykaa was the third largest gainer in the Nifty500, rising more than 9 percent with robust volumes after breakout of horizontal resistance trendline adjoining multiple touchpoints.
ā¢ The stock traded above all key moving averages and formed a robust bullish candlestick pattern.
ā¢ The Nifty50 ended the week in the consolidation zone of 19,550-19,850 and a breakout on either side of trade may give a firm direction to the index for the upcoming sessions.