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.

More Info

                    DAILY FOREX REPORT

                     10TH JANUARY 2013

    WWW.EPICRESEARCH.CO                  +919752199966
                        HEADLINES
                        Rupee up on corporate US dollar sales

                        Rupee trades higher at 54.88/89 versus previous close of
                        54.99/55.00 as dollar demand from oil firms gets offset by
                        some corporate dollar sales. Traders say a large
                        petrochemical company sold dollars in the market,
                        pushing the pair slightly lower but the flows were not too
                        large to help sustain the downside. The pair has so far
                        moved in a tight range of 54.85 to 55.0750 but traders
                        expect it to move higher on the back of oil demand later in
                        the session. Shares currently trading largely flat.

                        Rupee likely to gain; macroeconomic concerns
                        Rupee is likely to open marginally higher, tracking gains
 SELL USD/INR          in Asian shares, FX, says a dealer. The USD/INR pair last
  BELOW 55.00           closed at 54.99/00.Most Asian currencies trading with
  FOR TGT               gains. Macroeconomic concerns continue to weigh on

  54.85/54.70           rupee as evidenced by the reaction to Fitch's renewed
                        ratings warning on Tuesday. Euro flat against dollar from
  SL 55.20
                        late U.S. levels, but yen continued to gain vs USD.
  PERFORMANCE                           REFERENCE RATE
 SELL USD/INR                        As on 9THJanuary 2013
  BELOW 55.22
  FOR TGT                         UNDERLYING                 RATE

  55.07/54.92                       USDINR                  54.9625

  SL 55.42                          EURINR                  71.9235

  TARGET ACHIEVED                   GBPINR                  88.2286

                                    JPYINR                  62.8600

 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            72.3350      72.3350     71.7050     71.8375      72.4125
 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            72.4000      72.4675     72.0400     72.0925      72.6375

 JEERA      7/19/2012       14955      14960        14650      15052.5     14800    -252.5        -1.68
 GBPINR     29-Jan-2013        1 GBP            88.6100      88.6100     88.1800     88.2750      88.7675
 KAPAS      7/19/2012       1044        1053        1035         1049      1041       -8          -0.76

 PEPPER      26-Feb-2013 42300 GBP 4255588.7950
            7/19/2012        1               42250 88.8500
                                                       42390             88.5000
                                                                           42435     88.6025
                                                                                      45          89.0550

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           63.1850      63.2575     62.6875     62.9000      63.1800

SOY BEAN    7/19/2012       4309        4330        4265.5       4303      4315       12          0.28

 JPYINR     26-Feb-2013       100 JPY           63.4100      63.4575     62.9350     63.1050      63.4000
TURMERIC    7/19/2012       4600        4676        4518         4664      4540      -124         -2.66

 WHEAT       29-Jan-2013
            7/19/2012          1USD 1282 55.1525
                                              1251 55.2600
                            1251                       1246              54.9350
                                                                            1282     55.0175
                                                                                      36          55.2250

 USDINR     26-Feb-2013        1 USD            55.4225      55.5050     55.1975     55.2700      55.4725

 USDINR     27-Mar-2013        1 USD            55.7075      55.7650     55.4600     55.5200      55.7150

      www.epicresearch.co                                                          +919752199966
                               DAILY USD/INR CHART

OPEN: 55.1700
HIGH: 55.2600
LOW: 54.9375
CLOSE: 55.0175



         www.epicresearch.co                         +919752199966
                              DAILY EUR/INR CHART

OPEN: 72.2300
HIGH: 72.2300
LOW: 71.7700
CLOSE: 71.8375


        www.epicresearch.co                         +919752199966
                              FOREX FORTHCOMING DATA
    TIME                CURRENCY                           DATA                    ACTUAL          FORECAST           PREVIOUS
   1:15pm                   EUR                    French CPI m/m                                      0.4%               -0.2%

   6:15pm                   EUR                  Minimum Bid Rate                                     0.75%               0.75%

   7:00pm                   USD                Unemployment Claims                                     361K               372K

  11:40pm                   USD                FOMC Member George

   9:30pm                   USD                 Crude Oil Inventories                                  -1.6M              -1.0M

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

To top