For Tuesday, July 21, 2015, the trend deciding point for the day for Nifty emerges at 8532 mark. The weekly trend deciding point stands at 8527 mark. On its down move Nifty is expected to take support in the band of 8527-8532 mark. If this level is broken due to strong selling pressure, then the next support is expected to emerge at 8466 mark. But this will be possible only if there is a sharp down move. On ascent, the first resistance exists at 8666 mark. A sharp up move can make nifty cross this level and make it reach to 8735 mark. An intermediate resistance stands at 8656 mark. If there is not much demand, then Nifty can reverse from here for downside, instead of 8666 mark. Again, on the other hand, an intermediate support exists at 8591 mark. If there is not much supply, then Nifty can reverse from here for upside, instead of 8532 mark.
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