Nifty Outlook: Expert predicts consolidation, suggests profit booking & sectoral rotation

Financial expert Osho Krishan discusses the current state of the Nifty index and provides insights into market movements and sectoral trends. He says the Nifty is experiencing a rising channel pattern and suggests that investors consider booking profits around the 23,080 to 23,160 levels. Krishan also emphasizes the importance of trailing stop losses and utilizing dips to accumulate long positions. He predicted sectoral rotation, with IT stocks gaining traction.