The Pre-Election Rally is over. Whether the indices get into a free-fall or continue to consolidate with wild one-day moves is something that remains to be seen.
One will be better off with stock-specific opportunities than trying to trade the indices on the long or the short side.
| Date | 27-Mar-19 | |
| Index | Sensex | Nifty |
| S2 | 38,148 | 11,459 |
| S1 | 38,191 | 11,472 |
| Previous Close | 38,233.41 | 11,483.25 |
| R1 | 38,293 | 11,503 |
| R2 | 38,431 | 11,544 |
| Fair Value | 28,514 | 8,565 |
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