We examine the dynamical behavior of accretion flow around XTE J1859+226 during the 1999 outburst by analyzing the entire outburst data (∼ 166 days) from RXTE Satellite. Towards this, we study the hysteresis behavior in the hardness intensity diagram (HID) based on the broadband (3−150 keV) spectral modeling, spectral signature of jet ejection and the evolution of Quasiperiodic Oscillation (QPO) frequencies using the twocomponent advective flow model around a black hole. We compute the flow parameters, namely Keplerian accretion rate (ṁ d ), sub-Keplerian accretion rate (ṁ h ), shock location (r s ) and black hole mass (M bh ) from the spectral modeling and study their evolution along the q-diagram. Subsequently, the kinetic jet power is computed as L obs jet ∼ 3 − 6 × 10 37 erg s −1 during one of the observed radio flares which indicates that jet power corresponds to 8 − 16% mass outflow rate from the disc. This estimate of mass outflow rate is in close agreement with the change in total accretion rate (∼ 14%) required for spectral modeling before and during the flare. Finally, we provide a mass estimate of the source XTE J1859+226 based on the spectral modeling that lies in the range of 5.2 − 7.9M ⊙ with 90% confidence.