Going by the Exit-Poll numbers last evening and the cues from SGX Nifty this morning, its a given that we will have a massive gap-up opening.
However, it remains to be seen if the markets to manage to hold on to their opening gains.
The key level for the markets now is 38466 (11568) and unless the Sensex manages to sustain this level on a closing basis, the undercurrent will remain negative only.
| Date | 20-May-19 | |
| Index | Sensex | Nifty |
| S2 | 37,693 | 11,336 |
| S1 | 37,782 | 11,363 |
| Previous Close | 37,930.77 | 11,407.15 |
| R1 | 38,001 | 11,428 |
| R2 | 38,158 | 11,475 |
| Fair Value | 28,236 | 8,492 |
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