MARKET MANTRA:

Buy Reliance Media Works Ltd above Rs.167.5 for a target of Rs.182-185. The scrip should move up due to its sheer size. With advertisement and Entertainment spend enablers (consumption led growth of corporate business and gradual increase in disposable incomes in metro and non-Metro cities) in place we can see a secular growth across the media verticals.
Reliance Media Works Ltd has grown from its origins of a film processing and printing lab to an integrated global service provider across the entire film and media services value chain with presence in India, USA, Japan and UK.
The company today has a dominant and comprehensive presence in Motion Picture Processing and DI; Film Restoration and Image Enhancement; 3D; Digital Mastering: Studios and Equipment Rentals; Visual Effects; Animation and TVC Post Production.
Reliance MediaWorks has also become the first motion picture services facility in India and all of Asia to be awarded certification by the UK’s- industry body FACT (Federation Against Copyright Theft). The certification is a major recognition of the efforts by Reliance MediaWorks to protect and safeguard the films that it handles from piracy. The certification applies to Reliance MediaWorks’ film processing and print lab, Digital Lab, Digital Cinema Mastering facility as well as Reliance MediaWorks' preview theatre, all housed within its Film City premises in Mumbai.
For more on  Reliance Media Works Ltd one can visit their web-site: www.reliancemediaworks.com. 
Reliance Media Works Ltd, controlled by billionaire Anil Ambani, operates cinemas, film and media services, & television production. It is contemplating turning the media services business into a separate subsidiary, which can then offload a stake. Last month (probably) there were reports in a section of the media that, Reliance MediaWorks Ltd is in talks with strategic investors to raise Rs.500-600 Cr ($ 112 m) through a sale of equity

On the other  hand Eros Media Ltd is already on fire, now up more than 8%. Media sector resembles your "Daru" (alcohol) which people consume both during good and bad times..People tend to watch movies during very good times and also when depressed or in pensive mood...Huh!!

Those who have bought/averaged Kalindi Rail Nirman at Rs.101-102 and Rs.92 should be on "Cloud Nine", the scrip today touched Rs.108.90 intra-day. 
In a not so positive development, RELIANCE INDUSTRIES LTD put on hold its Rs.50-60 bln Rewas port project and its plans to build a liquefied natural gas import facility. Oil Ministry has asked the company to immediately stop natural gas sales to non-core users like Essar Steel to meet demand of fertiliser and power plants.

Assam Company is up today on the back of firmness in the tea and crude oil prices. The company bought 450 acres of land for its SEZ project in Bharuch, Gujarat.
Atlanta Ltd tanked to around Rs.91 from Rs.132-133, after a sell call was given in this blog for all Mumbai based real estate counters. 
Those Paid/Free Members who booked profits on very short term call, on Birla Power Ltd should enjoy--the stock is down more than 13% today, intra-day. 

The Nifty has elbowed past both the resistances on the upside, we can now hope to see it close in the GREEN. When the crude oil falls, then Indian markets should move up, this is the basic logic. http://www.reliancemediaworks.com/MediaServices.aspx