DAILY FOREX REPORT BY EPIC RESEARCH- 9 JANUARY 2013
Description
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, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
Document Sample


DAILY FOREX REPORT
9TH JANUARY 2013
WWW.EPICRESEARCH.CO +919752199966
HEADLINES
Rupee declines by 7 paise vs. dollar in late
morning trade
The rupee today slipped by seven paise to 55.30 in the late
morning trade due to renewed dollar demand from banks
and importers amid lower equities. Earlier the rupee
resumed higher at 55.15 per dollar as against the last
closing level of 55.23 per dollar at the Interbank Foreign
Exchange (Forex) Market, but later hovered in a range of
55.3250 per dollar and 55.05 per dollar before quoting at
55.30 per dollar at 1100 hrs.Forex dealers said bouts of
heavy dollar demand from banks and oil importers amid
lower equities attributed the rupee sentiment. In New
TRADING TIPS York market, the dollar declined against the basket
currencies late yesterday on trader cautiousness over next
SELL USD/INR steps by the US Federal Reserve and European Central
BELOW 55.22 Bank.
FOR TGT
55.07/54.92 REFERENCE RATE
SL 55.42 As on 8THJanuary 2013
PAST
UNDERLYING RATE
PERFORMANCE
USDINR 55.3278
BUY USD/INR
EURINR 72.5680
ABOVE 55.47
GBPINR 89.0501
FOR TGT
JPYINR 63.3300
55.62/55.77
SL 55.32
SL TRIGGERED
www.epicresearch.co +919752199966
DAILY MARKET STATISTICS
PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE
NAME CHANGE
Symbol Series/Expiry Unit Open High Low Close Prev. Close
CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61
EURINR 29-Jan-2013 1 EUR 72.4725 72.9275 72.3825 72.4125 72.3375
CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99
GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46
EURINR 26-Feb-2013 1 EUR 72.7000 73.1400 72.6225 72.6375 72.5650
JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68
GBPINR 29-Jan-2013 1 GBP 89.0000 89.4850 88.7250 88.7675 89.0200
KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76
GBPINR
PEPPER 26-Feb-2013 42300 GBP 4255589.3100
7/19/2012 1 42250 89.7500
42390 89.0200
42435 89.0550
45 89.3000
0.11
REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2
JPYINR 29-Jan-2013 100 JPY 63.2000 63.6800 63.0900 63.1800 63.1600
SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28
JPYINR 26-Feb-2013 100 JPY 63.3075 63.8600 63.3075 63.4000 63.3525
TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66
USDINR
WHEAT 29-Jan-2013
7/19/2012 1USD 1282 55.3925
1251 55.6000
1251 1246 55.1950
1282 55.2250
36 55.4700
2.89
USDINR 26-Feb-2013 1 USD 55.6225 55.8375 55.4450 55.4725 55.7175
USDINR 27-Mar-2013 1 USD 55.8550 56.0750 55.7025 55.7150 55.9575
www.epicresearch.co +919752199966
DAILY USD/INR CHART
ANALYSIS
OPEN: 55.3725
HIGH: 55.5950
LOW: 55.1975
CLOSE: 55.2250
USD/INR LOOKS DOWNWARDS
TREND: BEARISH
STRATEGY: SELL ON RISE
www.epicresearch.co +919752199966
DAILY EUR/INR CHART
ANALYSIS
OPEN: 72.4725
HIGH: 72.9275
LOW: 72.3825
CLOSE: 72.4125
EUR/INR LOOKS DOWNWARDS
TREND: BEARISH
STRATEGY: SELL ON RISE
www.epicresearch.co +919752199966
FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
3:30pm EUR Final GDP q/q -0.1% -0.1%
4:30pm EUR German Industrial 1.1% -2.6%
Production m/m
9:00pm USD Crude Oil Inventories -11.1M
11:30pm USD 10-y Bond Auction 1.65|3.0
9:30pm USD Crude Oil Inventories -1.6M -1.0M
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.
www.epicresearch.co +919752199966
Get documents about "