GEPL Technical view on Nifty – 09th July (video)


Today Nifty has closed @ 5296 with a gain of almost near to 1%. We at GEPL are expecting that on the higher side market is facing major resistance around 5320-5330. If market is able to surpass the area of 5330 than there is a high probability that it will straightly move towards 5400. On the downward side market has got good support around 5250 and 5200. In our view Metal and Realty will out perform the broader indices while FMCG and Consumer Durables will under perform the broader indices in tomorrow’s trading session.

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