Reliance Industries (RIL) has been continuously going south the last few days and this warrants some attention. This is what Reliance Looks Like: This is quite amazing really – six continuous down days, kissing the lower Bollinger band, way below…

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Reliance Industries today sold 2,675 cr. of its own stock at an average price of 1,035 per share, to fund . LiveMint says the money will most likely go to fund the LyondellBasell acquisition ($10-12 billion, or 45-55K cr). Treasury stock is when a com…

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