Nifty to move up, but 5150 should not be broken on downside: Gautam Shah
Gautam Shah, Senior Vice President & Technical Analyst at JM Financial Services told NDTV Profit that the market will snap out on the upside in the next week, which gets confirmed on the 5350 basis. "Once that happens, you will see a lot of momentum. The Nifty has a potential to touch 5750-5800 levels but if we break 5150, then the scenario would change, we must have a backup plan in place," he added.
