DAILY FOREX REPORT                       18th OCTOBER 2012WWW.EPICRESEARCH.CO                        +919752199966
 HEADLINES                       Rupee extends gains on second day; euro rise                       hurts                ...
DAILY MARKET STATISTICSPRODUCT     EXP DATE       OPEN       HIGH       LOW           CLOSE         LTP      CHG    PERCEN...
DAILY USD/INR CHARTANALYSISOPEN: 52.8750HIGH: 53.0700LOW: 52.7275CLOSE: 52.9600    USD/INR LOOKS UPWARDS    TREND: BULLI...
DAILY EUR/INR CHARTANALSISOPEN: 69.1025HIGH: 69.5100LOW: 68.9550CLOSE: 69.4700    EUR/INR LOOKS UPWARDS    TREND: BULLIS...
FOREX FORTHCOMING DATA  TIME                 CURRENCY                    DATA                  ACTUAL         FORECAST    ...
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DAILY FOREX REPORT BY EPIC RESEARCH- 18 OCTOBER 2012

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Transcript of "DAILY FOREX REPORT BY EPIC RESEARCH- 18 OCTOBER 2012"

  1. 1. DAILY FOREX REPORT 18th OCTOBER 2012WWW.EPICRESEARCH.CO +919752199966
  2. 2.  HEADLINES Rupee extends gains on second day; euro rise hurts The rupee extends gains for a second straight session to 52.68-52.69 versus its previous close of 52.87- 52.88, tracking a risk-on mood globally after strong US earnings reports and after Spain averts a ratings downgrade.USD/INR expected to hold in a 52.40 to 52.80 range for the day, say traders.All other Asian currencies also trading stronger compared with the dollar.The euro hits a one-month high against the dollar and yen after Moodys affirmation of Spains TRADING TIPS credit ratings eases concerns the euro zone debt crisis would have worsened had Madrid been cut to junk BUY EUR/INR status.Traders will also watch the domestic stock ABOVE 69.47 market moves for direction during the day. For targets of Rupee off highs on suspected defence demand 69.62/69.77 Stop loss 69.32 The rupee trades at 52.91/92 versus its previous close of 52.87/88 and off the days high of 52.6750 on the PAST back of dollar demand, seen tied for some defence related payments. PERFORMANCE BUY EUR/INR RBI REFERENCE RATE ABOVE 68.92 As on 17 Th October 2012 For targets of 69.07/69.22 UNDERLYING RATE Stop loss 68.77 USDINR 52.7510 Target Achieved EURINR 69.0385 GBPINR 85.0768 JPYINR 67.0700www.epicresearch.co +919752199966
  3. 3. DAILY MARKET STATISTICSPRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE Prev. Symbol Series/Expiry Unit Open High Low Close Close CHANA EURINR 7/19/2012 29-Oct-2012 4556 1 EUR 4573 68.6250 4525 69.0000 4560 68.5150 4532 68.9275 -28 -0.61 68.7700 CHILLI EURINR 7/19/2012 27-Nov-2012 5060 1 EUR 5060 67.3600 5018 69.2325 5120 67.3600 5018 69.1775 -102 -1.99 68.9975 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 GBPINR 29-Oct-2012 1 GBP 84.9500 85.3700 84.9000 85.2125 85.1550 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 27-Nov-2012 1 GBP 84.5025 85.5900 84.5025 85.4500 85.4175 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 JPYINR 29-Oct-2012 100 JPY 67.2400 67.3400 66.9600 67.1675 67.3475 PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11 JPYINR 27-Nov-2012 100 JPY 67.3250 67.5575 67.1750 67.3900 67.5575REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 USDINR 29-Oct-2012 1USD 53.0150 53.1100 52.8325 53.0025 53.0350SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 USDINR 27-Nov-2012 1 USD 53.2025 53.3325 53.0700 53.2225 53.2575TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR 27-Dec-2012 1 USD 53.4450 53.5500 53.2975 53.4425 53.4800 WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 www.epicresearch.co +919752199966
  4. 4. DAILY USD/INR CHARTANALYSISOPEN: 52.8750HIGH: 53.0700LOW: 52.7275CLOSE: 52.9600  USD/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966
  5. 5. DAILY EUR/INR CHARTANALSISOPEN: 69.1025HIGH: 69.5100LOW: 68.9550CLOSE: 69.4700  EUR/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966
  6. 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS Day 1 EUR EU Economic Summit -0.2K -15.0K 2:00pm GBP Retail Sales m/m 0.4% -0.2% 7:30pm USD Philly Fed Manufacturing 1.3 -1.9 IndexDisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but wedo not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose theproduct/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information contained herein isbased 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 report doesnot provide individually tailor-made investment advice. Epic research recommends that investors independentlyevaluate 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 informationherein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epicresearch might be holding positions in the stocks recommended. It is understood that anyone who is browsingthrough the site has done so at his free will and does not read any views expressed as a recommendation for whicheither the site or its owners or anyone can be held responsible for . Any surfing and reading of the information isthe 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 above epicresearch does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid OrUnpaid), www.epicresearch.co +919752199966 Any third party or anyone else have no rights to forward or share our calls or SMS or Report or AnyInformation Provided by us to/with anyone which is received directly or indirectly by them. If found so then SeriousLegal Actions can be taken.

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