After yesterday's unprecedented rally, expect the markets to consolidate around the current levels, in the run-up to the actual results on the 23rd. Expecting the markets to rise further from here immediately would be foolish. Book profits if you're in longs and hedge your overall positions with puts.
| Date | 21-May-19 | |
| Index | Sensex | Nifty |
| S2 | 38,879 | 11,686 |
| S1 | 39,112 | 11,756 |
| Previous Close | 39,352.67 | 11,828.25 |
| R1 | 39,578 | 11,896 |
| R2 | 39,706 | 11,934 |
| Fair Value | 28,066 | 8,436 |
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