DAILY FOREX REPORT                       31ST OCTOBER 2012WWW.EPICRESEARCH.CO                        +919752199966
 HEADLINES                         Rupee     falls      as   RBI   leaves       repo   rate                          unc...
DAILY MARKET STATISTICSPRODUCT     EXP DATE       OPEN       HIGH       LOW           CLOSE         LTP      CHG   PERCENT...
DAILY USD/INR CHARTANALYSISOPEN: 54.3775HIGH: 54.5050LOW: 54.1500CLOSE: 54.3000    USD/INR LOOKS UPWARDS    TREND: BULLI...
DAILY EUR/INR CHARTANALSISOPEN: 70.2500HIGH: 70.3675LOW: 69.8250CLOSE: 70.2700    EUR/INR LOOKS UPWARDS    TREND: BULLIS...
FOREX FORTHCOMING DATA   TIME                CURRENCY                     DATA                  ACTUAL        FORECAST    ...
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Daily forex-report

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  1. 1. DAILY FOREX REPORT 31ST OCTOBER 2012WWW.EPICRESEARCH.CO +919752199966
  2. 2.  HEADLINES  Rupee falls as RBI leaves repo rate unchanged The rupee fell 8 paise to 54.16 against the US dollar after the Reserve Bank of India left repo rate unchanged in its half-yearly monetary policy. Rupee appreciated 26 paise in early trade to 53.86 after opening at 54.10 it fell to 54.16, traders said."Market was expecting a rate cut which did not happen," said a senior executive of a large public sector bank. "Falling rupee is a knee jerk reaction but rupee will remain  TRADING TIPS weak at this level given RBIs concern about inflation  BUY USD/INR and growth."Today RBI left interest rates unchanged ABOVE 54.30 in its policy review today but cut the cash reserve ratio for banks by 25 basis points to 4.25%. The reduction FOR TGT in the CRR is expected to release Rs 17,500 crore into 54.50/54.70 the banking system.RBI has revised the projection of SL 54.10 GDP growth downward to 5.8% for 2012-13 and headline inflation has been raised to 7.5% from 7% as  PAST indicated in July. PERFORMANCE  BUY EUR/INR RBI REFERENCE RATE ABOVE 69.53 As on 30TH October 2012 FOR TGT 69.73/69.93 UNDERLYING RATE SL 69.33 USDINR 54.1650 Target Achieved EURINR 69.8495 GBPINR 86.8319 JPYINR 68.2200www.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 27-Nov-2012 4556 1 EUR 4573 70.2500 452570.36754560 69.8250 4532 70.2700 -28 -0.61 70.0775 CHILLI EURINR 7/19/2012 27-Dec-2012 5060 1 EUR 5060 70.3000 501870.61005120 70.1000 5018 70.5150 -102 -1.99 70.3575 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 GBPINR 27-Nov-2012 1 GBP 87.2300 87.3500 86.7000 87.1725 87.2275 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 27-Dec-2012 1 GBP 87.2125 87.5325 86.9575 87.4300 87.4650 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 JPYINR 27-Nov-2012 100 JPY 68.1300 68.6425 67.7000 68.3025 68.2550 PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11 JPYINR 27-Dec-2012 100 JPY 68.3250 68.8225 67.9800 68.5050 68.5525REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 USDINR 27-Nov-2012 1USD 54.3775 54.5050 54.1475 54.3000 54.3675SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 USDINR 27-Dec-2012 1 USD 54.6000 54.7350 54.3750 54.5550 54.6025TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR 29-Jan-2013 1 USD 54.7600 54.9600 54.6000 54.7750 54.8300 WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 www.epicresearch.co +919752199966
  4. 4. DAILY USD/INR CHARTANALYSISOPEN: 54.3775HIGH: 54.5050LOW: 54.1500CLOSE: 54.3000  USD/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966
  5. 5. DAILY EUR/INR CHARTANALSISOPEN: 70.2500HIGH: 70.3675LOW: 69.8250CLOSE: 70.2700  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 2:30pm EUR Italian Monthly 10.8% 10.7% Unemployment Rate All Day EUR Eurogroup Meetings 0.5% 7:15pm USD Chicago PMI 51.0 49.7 8:00pm USD Crude Oil Inventories 1.6M 5.9MDisclaimerThe 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 information herein,together with all estimates and forecasts, can change without notice. Analyst or any person related to epic researchmight be holding positions in the stocks recommended. It is understood that anyone who is browsing through thesite has done so at his free will and does not read any views expressed as a recommendation for which either thesite or its owners or anyone can be held responsible for . Any surfing and reading of the information is theacceptance of this disclaimer.All Rights Reserved.Investment in equity & bullion market has its own risks. www.epicresearch.co +919752199966We, 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), 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 Serious

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