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, Jun 11
18:00	Consumer Price Index (YoY)	3	2.4%	2.5%	2.3%
18:00	Consumer Price Index n.s.a (MoM)	1	321.465		320.795
18:00	Consumer Price Index ex Food & Energy (YoY)	3	2.8%	2.9%	2.8%
18:00	Consumer Price Index ex Food & Energy (MoM)	3	0.1%	0.3%	0.2%
18:00	Building Permits (MoM)	1	-6.6%	2.2%	-5.3%	Revised from -4.1%
20:00	EIA Crude Oil Stocks Change	1		0.100M	-4.304M
22:30	10-Year Note Auction	1			4.342%
23:30	Monthly Budget Statement	2		$-325B	$258B
Thursday, Jun 12
04:15	Electronic Card Retail Sales (YoY)	1		-0.3%	-0.3%
04:15	Electronic Card Retail Sales (MoM)	1			0%