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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
Wednesday, Jun 25
22:30 5-Year Note Auction 1 3.879% 4.071%
Thursday, Jun 26
14:00 BoE's Breeden speech 2
15:15 BoE's Greene speech 2
16:30 BoE's Governor Bailey speech 3
18:00 Chicago Fed National Activity Index 1 -0.25
18:00 Initial Jobless Claims 2 245K 245K
18:00 Initial Jobless Claims 4-week average 1 245.5K
18:00 Continuing Jobless Claims 1 1.950M 1.945M
18:00 Gross Domestic Product Price Index 2 3.7% 3.7%
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