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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.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Jul 15
22:30 Fed's Barkin speech 2
Wednesday, Jul 16
00:15 Fed's Collins speech 2
01:30 BoE's Governor Bailey speech 3
01:30 Annual Budget Release 1
02:00 API Weekly Crude Oil Stock 1 -2.0M 7.1M
05:15 Fed's Logan speech 2
11:30 Retail Price Index (YoY) 2 4.3% 4.3%
11:30 Retail Price Index (MoM) 2 0.3% 0.2%
11:30 Consumer Price Index (MoM) 3 0.2% 0.2%
11:30 Core Consumer Price Index (YoY) 3 3.5% 3.5%
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