Month of june may experience wild fluctuations. First one and half week are likely to witness sharp correction and hence it presents an oportunity to go short especially on the stock related with Banks and Real Estate. I would not be supprised if this correction happens on first day of the settlement itself.
However, market will also rebound sharply from here and June settlement may end at the level higher than the levels achieved in May settlement. Auto, Finance, Consumer goods, Textile, Telecom may be the stocks, which will participate in this rally. However, please note that Auto stocks may correct sharply before they show a strong rise.