Recovery will continue in the market, before RBI Policy and US Fed meeting. Bullish outlook remains on Bank Nifty and RBI rates expected to decline 0.5%. Bank, NBFC, Real estate, Metal, and Auto are Positive. Experts said investors can invest in SBIN, DLF, Hindalco, L&T Finance and Havells.
Today Nifty and Bank Nifty Option Call Put Tips
Nifty 50 – NIFTY Option Put Expiry 29 Dec 2016 Strike price 8100 Buy above: 96.63 Targets: 96.79, 97.00, 97.20 Stop loss: 96.42.
Nifty Bank – BANKNIFTY Option Call Expiry 08 Dec 2016 Strike price 19000 Sell below: 33.03 Targets: 32.94, 32.82, 32.70 Stop loss: 33.15.