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    HomeNewsBusinessMarketsOptions Trade | A non-directional options strategy in Reliance Industries

    Options Trade | A non-directional options strategy in Reliance Industries

    Reliance Industries is expected to remain sideways within our range. An Iron Condor trade to capitalise on high volatility

    Moneycontrol Contributor
    September 27, 2022 / 07:58 IST
    Reliance Industries | CMP: Rs 2,597.60 | The stock ended in the green after the company said its subsidiary Reliance Petroleum Retail will acquire polyester business of Shubhalakshmi Polyesters & Shubhlaxmi Polytex for Rs 1,592 crore. The acquisitions, which will be done by way of slump sale on going concern basis, are subject to approval of the Competition Commission of India. [Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.]
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