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, July 12, 2017

Winning Strokes: Think Different
Mandhana Industries Ltd (BSE: Rs.13.54 and NSE: Rs.13.50),  hit the Upper Circuits today in both the exchanges. Congratulations to those who bought the scrip on my suggestion.

Reliance Defence and Engineering Ltd (Rs.62.65) today closed near the day's high of Rs.62.90. The scrip will make new 52-week highs in the coming days. Remain invested and accumulate in intraday dips. The investors can keep a SL at Rs.61.60. There are more chances for the scrip to go up from here than go down -- MACD, PPO, etc are in Buy Mode. If Rs.67.70 is crossed, the immediate targets are Rs.72-77. The stock of RDEL is currently trading above its 50D, 100D, 150D and 200D SMAs and EMAs, with the chance of a "Golden Cross" happening in the short term, which is very BULLISH.
According to ET, 11 July, 2011: Reliance Infrastructure of Anil Ambani-led Reliance Group has received government approvals for its planned $1-billion greenfield aerospace park near Nagpur. The board of approval for special economic zones (SEZs) in the ministry of commerce has given its approval to the proposed aerospace park spread across 289 acres at Mihan near Nagpur.
The park aims to carry out business worth over Rs 200,000 crore over the next 30 years, the company said. In the first phase, the project will build manufacturing unit for production of aircraft, electronic warfare systems, radars, unmanned aerial vehicles, maintenance repair and overhaul for commercial aircraft, and complete eco system, including ancillary units and suppliers, to support these large projects. This development will be spread over 104 acres and the second phase will cover an additional area of 185 acres.
It is to be noted that Reliance Infrastructure acquired the erstwhile Pipavav Defence & Offshore Engineering in 2015 to make a foray into the sector.

Unitech Ltd (Rs.7.20) continues to tank, after profit booking was suggested in the counter, last week around Rs.8.70. Both GST and RERA is negative for the Real Estate sector. If you remember, I recommended the scrip before GST came into effect. And was since then asking to book profits and exit the counter.

Rolta India Ltd (Rs.61) is consolidating around the current price, before the next upmove. The long term investors should however keep a SL at Rs.58. 

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