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FOREX TECHNICAL REPORT……!!!!
17- DECEMBER-2013, TUESDAY
INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES

Trade Date

1 USD

1 GBP

1 EURO

100 YEN

14-Dec-2013

62.1024

101.2704

85.4284

60.4000

13-Dec-2013

62.1266

101.5335

85.4135

59.9000

12-Dec-2013

61.6200

100.8350

84.9820

60.0300

11-Dec-2013

61.3313

100.7919

84.3780

59.7200

10-Dec-2013

61.2070

100.6488

84.1510

59.2900

09-Dec-2013

61.1785

100.0146

83.8195

59.3800

06-Dec-2013

61.6673

100.6472

84.2546

60.4000

05-Dec-2013

61.6895

101.0782

84.0690

60.4400

04-Dec-2013

62.3330

102.1825

84.6848

60.7700

03-Dec-2013

62.3443

102.0639

84.4570

60.3800

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CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER

JPY/INR DAILY TECHNICAL LEVELS
JPY/INR DAILY CANDLESTICK CHART

S2 – 59.6200

S1 – 59.8700

PIVOT – 60.3075

R1 – 60.5575

R2 – 60.9950

TECHNICAL OUTLOOK:
JPY/INR (NSE/MCX-SX) has closed @60.1200. If JPY/INR breaks the level of @59.95 then it can touch the level of
@59.75and @59.60 respectively.
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CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR YEN:

JPY / INR Dec futures contract (NSE)

View : Bearish on JPY

Sell below 59.95

Market Lot : JPY 1000

Target : 59.75 / 59.60

Stop Loss : 60.36

Support: S1/ S2 : 59.8700 / 59.6200

Resistance : R1/R2 : 60.5575 / 60.9950

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CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER

DISCLAIMER
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.
Research Analyst : Nilesh Jain

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INDIAN FOREX DAILY NEWSLETTER

CONTACT US:
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Daily forex report by epic research 17 dec 2013

  • 1. FOREX TECHNICAL REPORT……!!!! 17- DECEMBER-2013, TUESDAY
  • 2. INDIAN FOREX DAILY NEWSLETTER RBI DAILY REFRENCE RATES Trade Date 1 USD 1 GBP 1 EURO 100 YEN 14-Dec-2013 62.1024 101.2704 85.4284 60.4000 13-Dec-2013 62.1266 101.5335 85.4135 59.9000 12-Dec-2013 61.6200 100.8350 84.9820 60.0300 11-Dec-2013 61.3313 100.7919 84.3780 59.7200 10-Dec-2013 61.2070 100.6488 84.1510 59.2900 09-Dec-2013 61.1785 100.0146 83.8195 59.3800 06-Dec-2013 61.6673 100.6472 84.2546 60.4000 05-Dec-2013 61.6895 101.0782 84.0690 60.4400 04-Dec-2013 62.3330 102.1825 84.6848 60.7700 03-Dec-2013 62.3443 102.0639 84.4570 60.3800 2|Page WWW.EPICRESEARCH.CO CALL: +917316642300
  • 3. INDIAN FOREX DAILY NEWSLETTER JPY/INR DAILY TECHNICAL LEVELS JPY/INR DAILY CANDLESTICK CHART S2 – 59.6200 S1 – 59.8700 PIVOT – 60.3075 R1 – 60.5575 R2 – 60.9950 TECHNICAL OUTLOOK: JPY/INR (NSE/MCX-SX) has closed @60.1200. If JPY/INR breaks the level of @59.95 then it can touch the level of @59.75and @59.60 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
  • 4. INDIAN FOREX DAILY NEWSLETTER NEAR TERM OUTLOOK FOR YEN: JPY / INR Dec futures contract (NSE) View : Bearish on JPY Sell below 59.95 Market Lot : JPY 1000 Target : 59.75 / 59.60 Stop Loss : 60.36 Support: S1/ S2 : 59.8700 / 59.6200 Resistance : R1/R2 : 60.5575 / 60.9950 4|Page WWW.EPICRESEARCH.CO CALL: +917316642300
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