Welcome Venketesh
As for your Problem, i can thinks of a few ways in which you could get it to work.
One would be to get a local carpenter to modify a stand with a flexible arm (Perhaps a Microphone stand) and terminate the end with a clamp or holder onto which you could mount or clip your reader.
Another as you mentioned the Gorillapod, they've just comeup wit a upgrade which allows you to attach other items onto the shoe.
Its the
Gorillapod Go Go and as you can see from the pictures is thas both a suctioncup as well as adhesive plates to mount on the shoe.
The main drawback is that you will still have to fit it onto a stand or chair to get it into a neutral viewing angle. You could combine the two to get the best of both, with the stand for stability in your chair, etc and the pod so you can move it elsewhere if you need to.