NIFTY near resistance level of 5300 and moving to expiry,reliance is looking for global investors to offload some more treasury stock sale as per various news channels.
But with global recovery signals are coming from various regions and all major regulators keep their interest rates unchanged,reliance will sell stocks above 1050 levels but below 1100 levels.Because 2200-2210 was its long term resistance before bonus issue.
Many experts are betting on RELIANCE after seeing their advance tax numbers,but no one know whether how many treasury sale they will add in next quarter result.
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