The market will go up until election results day. The market always thinks forward and is discounting a good election result.
What happens after that depends on the outcome of the results and also the global factors.
Yes, after the election results, if the results are stable Govt, market will rally further and later it will fall as the markets would go ahead of the economic fundamentals....if unstable coalition market will fall immediately. In any case we will have huge volatility near the results. Good and happy days for traders
. But if a loosing position is held, it could inflict serious cut on the ledger balance.So we have to be extremely cautious during that time.
Smart_trade