The first step to repairing nail holes in your wall is to make sure you have the right tools with you. Get a putty knife and some joint compound. Spackle is a nice joint compound you can buy and use.
Use your joint compound and gently fill the gap in thin layers. Repeat the method until the entire gap is filled and covered. Smooth out any excess and scrape off the whole excess compound so which is in level with the wall surface.
To smooth out the excess, use a 120...