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WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

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Bullish if it crosses the high by Wednesday for the week between 22-26 July, 2019 NIFTY : 11,419  (-134)     Nifty traded in a  range of 11707 to 11399 during last week andclosed nearer to the Low of the week's range at 11419 with a  loss of 134 Points and made a Negative weekly close. This is second week to close negatively.  - During July  01-03, Nifty transited between Aqarius and Pisces and formed a range of 11872 to 11651 and formed a base for the next 3 Weeks. Bullish above High and Bearish below Low of this range. Last friday It has went down upto 11399. The range which would be formed next Monday to Wednesday wil make a range for next 3 weeks. - 20 DMA, 50DMA, 100DMA, 200 DMAs are placed at about 11706, 11726, 11534, 11064 respectively and they would act as Supports and Resistances. - Nifty presently came below 20, 50, 100 DMAs. As 50 DMA is above 200 DMA (Golden Cross) suggesting that the Long term outlook is Bullish. Short and Mid Terms are Bearish and Bullish in Long terms on…