Nifty Intraday Outlook For Tomorrow 20-July

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After five consecutive sluggish trading sessions, today Nifty managed to close above the psychological level of 5600, turning the sentiments to positive. Overall, market sentiments may remain neutral as there is no definite trend in the market.

For trading tomorrow, results of some heavyweights giant companies like Wipro and Dr Reddy are expected which may influence general trend of the market and Global trend will continue to play pivotal role in the preparation of market sentiments.

Nifty trend deciding level for tomorrow is at 5,630. If it trades above this level then rally to Nifty 5,680-5,710 can be seen and on the down side if Nifty fails then it may find supports at 5,560-5,525.

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