DAILY FOREX REPORT 3RD OCTOBER 2012WWW.EPICRESEARCH.CO +919752199966
HEADLINES Rupee hits 5-month high Rupee rose for a third consecutive session on Monday to hit a new five-month high as hopes for an improving economy, and fiscal and economic reforms from the government, continue to spur inflows from foreign funds, while exporters sold dollars. TRADING TIPS Euro recovers after 3-week low, but Spanish Sell USD/INR below uncertainty The euro recovered after hitting a three-week low on 52.78 for targets of Monday as euro zone manufacturing data came in less bad than expected, but doubts about Spains progress 52.63/52.48 towards a bailout dampened demand. Stop loss 52.93 RBI REFERENCE RATE PAST As on 28th September 2012 PERFORMANCE UNDERLYING RATE Sell USD/INR below USDINR 52.78450 52.70 for targets of EURINR 67.78500 52.55/52.40 GBPINR 85.16250 Stop loss 52.85 JPYINR 67.86000 Not Executedwww.epicresearch.co +919752199966
FOREX FORTHCOMING DATATIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 5:45pm USD ADP Non-Farm 148K 201K Employment Change 7:30pm USD ISM Non-Manufacturing 53.4 53.7 PMIDisclaimerThe 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 tochoose the product/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information contained hereinis based on analysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The reportdoes not provide individually tailor-made investment advice. Epic research recommends that investorsindependently evaluate particular investments and strategies, and encourages investors to seek the advice ofa financial adviser. Epic research shall not be responsible for any transaction conducted based on theinformation 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 informationherein, together with all estimates and forecasts, can change without notice. Analyst or any person related toepic research might be holding positions in the stocks recommended. It is understood that anyone who isbrowsing through the site has done so at his free will and does not read any views expressed asa recommendation for which either the site or its owners or anyone can be held responsible for . Anysurfing 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 lossincurred whatsoever for any financial profits or loss which may arise from the recommendations aboveepic research does not purport to be an invitation or an offer to buy or sell any financial instrument. OurClients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS orReport or Any Information Provided by us to/with anyone which is received directly or indirectly by them. Iffound so then Serious Legal Actions can be taken.