Profit booking in Nifty likely in next 2-3 sessions: Swati Ananda Hotkar
“If Nifty manages to give a breakout at 18,500 level, it has the potential to reach up to 19,000 to 19,400 levels. If you look towards the overall longer degree, on the monthly charts it is very good. We can see these particular indices giving a breakout of a trend line which gives a very strong sign on the technical front.”