DAILY FOREX REPORT                       16th OCTOBER 2012WWW.EPICRESEARCH.CO                        +919752199966
 HEADLINES                       NRI dollar inflows drying up as rupee gains                        in strength         ...
DAILY MARKET STATISTICSPRODUCT     EXP DATE       OPEN       HIGH       LOW           CLOSE         LTP      CHG   PERCENT...
DAILY USD/INR CHARTANALYSISOPEN: 53.1025HIGH: 53.2225LOW: 52.9750CLOSE: 53.0350    USD/INR LOOKS UPWARDS    TREND: BULLI...
DAILY EUR/INR CHARTANALSISOPEN: 68.5300HIGH: 68.8250LOW: 68.4975CLOSE: 68.7700    EUR/INR LOOKS UPWARDS    TREND: BULLIS...
FOREX FORTHCOMING DATA  TIME                 CURRENCY                   DATA                  ACTUAL          FORECAST    ...
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DAILY FOREX REPORT BY EPIC RESEARCH-16 OCTOBER 2012

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DAILY FOREX REPORT BY EPIC RESEARCH-16 OCTOBER 2012

  1. 1. DAILY FOREX REPORT 16th OCTOBER 2012WWW.EPICRESEARCH.CO +919752199966
  2. 2.  HEADLINES  NRI dollar inflows drying up as rupee gains in strength The flood of US dollar flows from NRIs that saved the Indian rupee last year when it was pummeled by global investors, has reduced to a trickle in August for the first time since the rates for non- resident rupee accounts were freed in December 2011, which may pressure the rupee again. A rising Indian currency to the US dollar due to a surge in foreign fund flows, and TRADING TIPS lowering of interest rates on NRI deposits have made it unattractive for Indians abroad to bring in their BUY EUR/INR earnings. The government is now batting for ABOVE 68.77 appreciation to arrest its current account deficit, the For targets of excess of imports over exports, and fiscal deficit. 68.92/69.07 NRIs, who were getting 57 to a US dollar a few months Stop loss 68.62 ago, now get 52.81. PAST RBI REFERENCE RATE PERFORMANCE As on 15 Th October 2012• BUY USD/INR UNDERLYING RATE ABOVE 52.89 USDINR 53.1198 for targets of EURINR 68.6020 53.04/53.19 GBPINR 85.1457 Stop loss 52.74 JPYINR 67.6500 Target Achievedwww.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 68.5300 452568.82504560 68.4975 4532 68.7700 -28 -0.61 68.5325 CHILLI EURINR 7/19/2012 27-Nov-2012 5060 1 EUR 5060 69.1500 501869.15005120 68.7275 5018 68.9975 -102 -1.99 68.7575 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 GBPINR 29-Oct-2012 1 GBP 85.0050 85.3100 85.0050 85.1550 84.9100 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 27-Nov-2012 1 GBP 85.3200 85.5500 85.2700 85.4175 85.1400 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 JPYINR 29-Oct-2012 100 JPY 67.5825 67.7725 67.3025 67.3475 67.3850 PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11 JPYINR 27-Nov-2012 100 JPY 67.7500 67.9475 67.5250 67.5575 67.5650REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 USDINR 29-Oct-2012 1USD 53.0350 53.2225 52.9750 53.0350 52.8900SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 USDINR 27-Nov-2012 1 USD 53.3500 53.4450 53.2000 53.2575 53.1000TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR 27-Dec-2012 1 USD 53.5000 53.6600 53.4200 53.4800 53.3450 WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 www.epicresearch.co +919752199966
  4. 4. DAILY USD/INR CHARTANALYSISOPEN: 53.1025HIGH: 53.2225LOW: 52.9750CLOSE: 53.0350  USD/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966
  5. 5. DAILY EUR/INR CHARTANALSISOPEN: 68.5300HIGH: 68.8250LOW: 68.4975CLOSE: 68.7700  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 2:00pm GBP CPI y/y 2.2% 2.5% 2:30pm EUR German ZEW Economic -14.6 -18.2 Sentiment Tentative GBP BOE Inflation Letter 6:00pm USD CPI m/m 0.4% 0.6%DisclaimerThe 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. 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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