i Develop Stocks Advisory

Thursday, February 21, 2008

Reliance Power stratergy.... BUY BUY BUY Reliance Power

Reliance Power is trading at a huge discount in the March futures. So any one holding RPower in cash may sell at spot rate of about 408 and can go long in March Futures at 388 which means a profit of 20.

GMT+5:30	Event	Vol.	Actual	Consensus	Previous
Wednesday, Apr 16
11:30	Consumer Price Index (MoM)	3	0.3%	0.4%	0.4%
11:30	Consumer Price Index (YoY)	3	2.6%	2.7%	2.8%
11:30	Retail Price Index (YoY)	2	3.2%	3.2%	3.4%
11:30	Retail Price Index (MoM)	2	0.3%	0.0%	0.6%
14:00	DCLG House Price Index (YoY)	1	5.4%	5.1%	4.8%	Revised from 4.9%
16:30	MBA Mortgage Applications	1			20%
17:30	BoE Quarterly Bulletin	1
18:00	Retail Sales Control Group	3			1%
18:00	Retail Sales ex Autos (MoM)	2		0.3%	0.3%
18:00	Retail Sales (MoM)	3		1.3%	0.2%