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DAILY FOREX REPORT BY EPIC RESEARCH- 11 OCTOBER 2012
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DAILY FOREX REPORT BY EPIC RESEARCH- 11 OCTOBER 2012

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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, …

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.


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  • 1. DAILY FOREX REPORT 11th OCTOBER 2012WWW.EPICRESEARCH.CO +919752199966
  • 2.  HEADLINES  Rupee to hover in 53.20-52.20/USD range now India still faces a one-in-three chance of a credit rating downgrade within the next 24 months despite a new drive for economic reform had a significant impact on the currency market. The rupee saw a fall on the back of this and crossed the level of 53/USD.  TRADING TIPS  Rupee touches 53, weakest in nearly two  Buy USD/INR weeks Rupee fell below the 53 mark to hit its weakest level in Above 53.30 for nearly two weeks versus its previous close of 52.72- targets of 52.73, tracking broad gains in the dollar as investors are wary of taking on risk amid concerns of weak 53.45/53.50 earnings in the United States. Stop loss 53.15 RBI REFERENCE RATE  PAST As on 10th October 2012 PERFORMANCE UNDERLYING RATE  Buy USD/INR USDINR 53.0445 Above 52.90 for EURINR 68.2100 targets of GBPINR 84.8341 53.05/53.20 JPYINR 67.8200 Stop loss 52.75 Target Achievedwww.epicresearch.co +919752199966
  • 3. 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 CHILLI 7/19/2012 5060 5060 Open 5018 High 5120 Low 5018 Close -102 -1.99 Close 68.1700 68.4900 68.0600 68.4450 68.3200 EUR-INR GUR 29-Oct-2012 7/19/2012 1188EUR 1 1188 1178 1183.5 1178 -5.5 -0.46 68.3800 68.7250 68.3425 68.6725 68.5675 EUR-INR JEERA 27-Nov-2012 7/19/2012 1 EUR 14960 14955 14650 15052.5 14800 -252.5 -1.68 84.8825 85.2000 84.6200 85.0950 84.6200 GBP-INR KAPAS 29-Oct-2012 7/19/2012 1 GBP 1044 1053 1035 1049 1041 -8 -0.76 85.0750 85.4900 84.9100 85.3525 84.8825 GBP-INR PEPPER 27-Nov-2012 7/19/2012 1 GBP 42555 42300 42250 42390 42435 45 0.11 67.7300 68.0525 67.6400 67.9350 67.5000 JPY-INRREF SOYA 29-Oct-2012 7/19/2012 780.5 JPY 783.6 100 777.4 782.85 781.3 -1.55 -0.2 67.9900 68.2425 67.8625 68.1050 67.6875 JPY-INRSOY BEAN 27-Nov-2012 7/19/2012 4309 JPY 4330 100 4265.5 4303 4315 12 0.28 52.9525 53.2750 52.9525 53.2200 52.8250 USD-INRTURMERIC 29-Oct-2012 7/19/2012 4600USD 1 4676 4518 4664 4540 -124 -2.66 53.2600 53.4800 53.1600 53.4000 53.0425 USD-INR WHEAT 27-Nov-2012 7/19/2012 1251USD 1 1282 1251 1246 1282 36 2.89 53.4525 53.6825 53.3950 53.6250 53.2500 USD-INR 27-Dec-2012 1 USD www.epicresearch.co +919752199966
  • 4.  DAILY USD/INR CHARTANALYSISOPEN: 53.0000HIGH: 53.2750LOW: 52.9625CLOSE: 53.2200  USD/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS
  • 5.  DAILY EUR/INR CHARTANALSISOPEN: 68.3200HIGH: 68.4875LOW: 68.0600CLOSE: 68.4450  EUR/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPSwww.epicresearch.co +919752199966
  • 6. FOREX FORTHCOMING DATATIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 6:00pm USD Trade Balance -44.1B -42.0BDisclaimerThe 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 as arecommendation for which either the site or its owners or anyone can be held responsible for . Any surfingand 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.