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WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

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BULLISH ABOVE 11000  for the week between  21.01.2019 - 25-01-2019

NIFTY : 10907 (+112)   Nifty traded in  a range of 10931 to 10692 during last week and closed nearer to the High of the range for the week @ 10907 with a Gain of about 112  Points and made a Positive weekly close. 
- During the Previous Two weeks Nifty  transited in Aquarius and Pisces Sign between Dhanishta and Revati constellations. During this Period Nifty traded in a range of 10692 to 10870. High of this range is crossed on Tuesday,  it had  become Bullish and went upto 10931 and has not finished the First Target also(11050) .
- 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about  10807, 10749, 10825, 10822 respectively and would act as Supports and Resistances. - Nifty is now below all the DMAs. 50 DMA  has come below 200 DMA (Death  Cross) suggesting that the Long term outlook has become  Bearish.  - The Short Term trend and Medium Term is  Bullish. It is  Bearish  for Long Term Trend. Short Term would be Bearish if it …