MARKET OUTLOOK

GLOBAL MARKE T IS WEAK ASIAN MARKET ARE DOWN ALMOST 2%.SO WE CAN ASSUME NIFTY WILL OPEN IN NEGETIVE NOTE .
THIS IS CLEARING WEAK TOTAL JUNE SERISE O I IS 22 K CR,TOTAL MARKET ROLL OVER IS 20% AROUND MAY SERISE O I IS 59 K CR.PUT CALL RATIO IS 1.31%.
LEVEL OF NIFTY IS 4800-4850-4920.
IF MARKET HOLD 4850 GO LONG IN PHARMA AND FMCG,AND IF MARKET DOES NOT HOLD 4900 GO SHORT IN CONSTRUCTION AND BANKING AND FINANCIAL SERVICE.
KARNATAKA ELECTION IS TURNMOIL IN INDIA BECAUSE BJP HOLDING MAJORITY SEAT IT COULD LEAD TO LOKSHABHA ELECTION.
HAVE NICE TRADING DAY