For Thursday, August 6, 2015, the trend deciding point for the day for Nifty emerges at 8529 mark. On its down move Nifty is expected to take support at 8529 mark. If this level is broken due to strong selling pressure, then the next support is expected to emerge at 8463 mark. But this will be possible only if there is a sharp down move. On ascent, the first resistance exists at 8663 mark. A sharp up move can make nifty cross this level and make it reach to 8732 mark. An intermediate resistance stands at 8627 mark. If there is not much demand, then Nifty can reverse from here for downside, instead of 8663 mark. Again, on the other hand, an intermediate support exists at 8563 mark. If there is not much supply,then Nifty can reverse from here for upside, instead of 8529 mark.
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