Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Tuesday, May 21, 2013

Yesterdays' call, Kalindee Rail Nirman Ltd at Rs.50, touched Rs.56.75, giving more than 10% return in just 24 hours. The scrip clocked a massive volume today. Do, keep an eye on my blog and my Facebook postings, if you are not a Paid Member or do not trade through my recommended brokerage house.
Buy SREI Infrastructure Finance Ltd (BSE Code: 523756) at Rs.27.90--28.20, T--Rs.33, SL < Rs.26.  The company has reported Jan-Mar consolidated net profit of Rs.69.3 Cr as against Rs.13.2 Cr  a year ago and consolidated total income moved up by around 20% to of Rs.7.8 bln (1 billion = 100 Cr), on Y-o-Y basis. CLICK HERE.
The market witnessed profit booking today.  The  Nifty_Spot is now just above the very important support  level of 6111. If tomorrow Nifty_Spot, closes below 6111, then the immediate trend could turn to negative or the bulls could get a severe beating. However, trend is still BULLISH, as FII pour in funds in the Indian bourses. The Nifty made a net gain of 80 points last week and with this it has appreciated by  around 637 points from the low of 5477 within 5 weeks time, inspite of profit bookings. This clearly shows the inherent strength of Bulls. The week also witnessed a sharp correction and even a sharper recovery. The decisive rise above 6100, now sets a target to 6300-6350 for the Nifty_Spot. The longs can be held with a SL of Nifty_Spot < 6100 / 6080. Every dip is therefore a buying opportunity, till the trend deciding level is not broken.
Note: I fell down in the room (in my apartment) and sustained multiple injuries on the hand (right hand palm), elbow, back, waist, etc. I am basically typing with one hand, hence, I believe large inputs cannot be effected in this blog, at the moment. Therefore, I might not be able to update the blog as usual. However, I think the God will soon make me fit, for your services.  Happy Investing!!