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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. 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