Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
DAILY FOREX REPORT 14th SEPTEMBER 2012 WWW.EPICRESEARCH.CO +919993959693 HEADLINES Euro steadies near 4-month peak after German court ruling. The euro held near a four-month high on Thursday after Germany's Constitutional Court gave the green light for Berlin to ratify the euro zone's permanent rescue fund, looking to extend gains further on possible stimulus from the US Federal Reserve. TRADING TIPS Buy USD/INR above Rupee sheds 20 paise against dollar The rupee depreciated by 20 paise to 55.41 against the 55.56 for targets of dollar in early trade today on fresh demand for the American currency. Forex dealer said increased 55.71/55.86 demand for the US dollar from oil importers mainly put Stop loss 55.41 pressure on the local unit, however, higher opening in the equity market and weak dollar against other currencies overseas capped rupee's losses. PAST RBI REFERENCE RATE PERFORMANCE As on 13th September 2012 Buy USD/INR above UNDERLYING RATE 55.45 for targets of USDINR 55.443 55.60/55.75 EURINR 71.616 GBPINR 89.3076 Stop loss 55.30 JPYINR 71.3300 Above cost www.epicresearch.co +919993959693 PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE DAILY MARKET STATISTICS CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 Prev. Symbol Series/Expiry Unit Open High Low Close CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 Close EUR-INR GUR 26-Sep-2012 7/19/2012 1188EUR 1188 1 1183.5 71.3250 71.40001178 71.7100 1178 71.4625 -5.5 71.3400 -0.46 EUR-INR JEERA 29-Oct-2012 7/19/2012 1 EUR 14960 14955 1465071.9900 71.7800 15052.5 71.7200 14800 71.7725 -252.5 71.6625 -1.68 GBP-INR KAPAS 26-Sep-2012 7/19/2012 1 1044GBP 88.99001035 89.4400 1049 88.9900 1053 1041 89.1800 -8 88.9650 -0.76 GBP-INR PEPPER 29-Oct-2012 7/19/2012 1 GBP 42555 42300 4225089.7500 89.4500 42390 89.4500 42435 89.5275 45 89.3000 0.11 JPY-INR REF SOYA 26-Sep-2012 7/19/2012 780.5 JPY 783.6 100 71.0675 782.85 71.0675 777.471.4975 781.3 71.2700 -1.55 70.9925 -0.2 JPY-INR SOY BEAN 29-Oct-2012 7/19/2012 100 71.3750 4309 JPY 4330 4265.5 4303 71.3750 71.7000 4315 71.5125 12 71.2325 0.28 USD-INR TURMERIC 26-Sep-2012 7/19/2012 4600USD 4676 1 4664 55.3050 55.45004518 55.5700 4540 55.4275 -124 55.3000 -2.66 USD-INR WHEAT 7/19/2012 29-Oct-2012 1 55.63001251 55.8275 1251USD 1282 1246 55.6250 1282 55.6925 36 55.5675 2.89 USD-INR 27-Nov-2012 1 USD 71.4000 71.7100 71.3250 71.4625 71.3400 www.epicresearch.co +919993959693 DAILY USD/INR CHART ANALYSIS OPEN: 55.3050 HIGH: 55.5650 LOW: 55.3050 CLOSE: 55.4275 USD/INR LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPS DAILY EUR/INR CHART ANALSIS OPEN: 71.3250 HIGH: 71.7100 LOW: 71.3250 CLOSE: 71.4625 EUR/INR LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPS www.epicresearch.co +919993959693 FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 6:00pm USD Core Retail Sales m/m 0.6% 0.8% Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
Pages to are hidden for
"DAILY FOREX REPORT BY EPIC RESEARCH-14 SEPTEMBER 2012"Please download to view full document