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.

Friday, August 30, 2013

[Excerpts of my news-letter to the clients, sent today morning]
Yesterday, the market was better than expected. Not only Nifty Traded with a positive bias, but it rallied strongly to settle above 5400 mark yesterday on the back of derivative expiry. It was a gap up opening followed by sustained up-move for entire day. Nifty made a high of 5429 before settling at 5409.
Market is showing some signs of  revival. At lower levels buying is coming which is giving the much needed support to the Bulls. Nifty has bounced back 310 points from the low of 5118 within a few trading sessions. This has resulted into extreme volatility and unprecedented moves on the either sides. The best sector to focus now is Information Technology.
Resistance: 5450 / 54700
Support: 5360 / 5300. 
Nifty_Future Trading Strategy: For Friday, August 30, 2013, the trend deciding point emerges at 5358 mark. Since Nifty_future is seen reversing from this point and hence it can move towards the first resistance at 5450 mark. In case of sharp up move, Nifty can inch up to the first weekly resistance of 5530 mark, depending on the demand pressure.
Today's recommendation
(i) Buy Geometric Ltd (BSE Code: 532312) at Rs.77-77.50, T-Rs.87-88, SL--Rs.71.80. The stock has formed a good base and is showing positive divergence on the charts. The specialty of this share is that Jhunjhunwala Rakesh Radheshyam is holding 17.83% of the shares of the company. 
(ii) Buy IDFC Ltd at Rs.80-81, T--Rs.87, SL--Rs.78.80. This is one of the blue chips, in the space in which it operates.