Before the outcome of US Federal Reserve meeting, the Indian stock market atmosphere became nervous. Today market started with slight gain but soon the selling pressure increased, and finally the Nifty closed below 8200. Selling of Bank, FMCG and Auto shares increased pressure.
Despite weakness in the market, Reliance and Axis Bank strengthen. According to Experts, the gain in Reliance industries shares will be expected to maintain in tomorrow session. So they advise buying Reliance with the target of Rs 1089.
Option Tips For Reliance Industries
RELIANCE Option Call Expiry 29 Dec 2016 strike price 1040 Buy above 29.68 Targets: 29.78, 29.89, 30.01 Stop loss: 29.57.