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.

Wednesday, June 08, 2016

DO YOU KNOW?

If this deal is completed then according to an earlier news, about 75% of the company's debt, will be cut, boosting the fundamentals tremendously. Post completion of the said issues, the scrip could cross Rs.120 and even break 52-week high made in January, 2016.

Seeing such bright prospects, it seems the prudent investors have started to take LONG positions in the counter (in BULK). The build-up in the stock futures has resulted in the NSE putting the contracts under ban in derivatives for exceeding the permissible limit of positions in the counter. 

Reliance Communications Ltd's shares have been on the rise since yesterday, up more than 2% intra-day (today), with an increase in OI (a very BULLISH indicator). If this rise in OI continues with a rise in the price of the scrip, then we can look for short term target of Rs.60-61.

The investors are therefore suggested to buy at least 10, 000 (ten thousand) shares of the company and keep holding. This share alone will be able to cushion, a majority of your earlier losses (if any). 

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