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DAILY FOREX REPORT
                       29th AUGUST 2012




WWW.EPICRESEARCH.CO                        +919993959693
 HEADLINES


                                Rupee up from session low on euro gains

                                 The rupee rose further from session low of 55.8850, to
                                 55.64/65 from previous close of 55.69/70.
                                 The retreat in the rupee tracks gains in the euro after
                                 ECB President Mario Draghi decides not to attend the
                                 Fed's Jackson Hole conference later this week, citing a
                                 heavy workload.
                                Rupee erases some initial losses; down 8 paise
       TRADING TIPS
                                 against dollar

      Sell USD/INR below         The rupee recovered some of the initial losses today but
                                 was still down 8 paise at 55.77 against the dollar on
      55.61 for targets of       demand for the American currency from banks and
                                 importers.
      55.46/55.30
      Stop loss 55.80
                                              RBI REFERENCE RATE
                                                As on 28TH August 2012
       PAST
         PERFORMANCE                     UNDERLYING                  RATE

                                              USDINR                 55.78
      Sell EUR/INR below
                                              EURINR                69.621
      69.32 for targets of
                                              GBPINR                88.042
      69.20/69.05                             JPYINR                 71.01

      Stop loss 69.50
      Not Executed


www.epicresearch.co                                         +919993959693
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          Open           High           Low         Close
 CHILLI        7/19/2012       5060      5060          5018           5120        5018      -102        -1.99
                                                                                                      Close


 EUR-INR
  GUR           29-Aug-2012
               7/19/2012       1188EUR 118869.76001178 69.9200
                                 1                           1183.5 69.6000
                                                                         1178             69.8475
                                                                                             -5.5    69.7225
                                                                                                        -0.46

 EUR-INR
 JEERA          26-Sep-2012
               7/19/2012          1 EUR 14960
                               14955        69.8500
                                                  14650 70.2050
                                                             15052.5 69.8000
                                                                          14800           70.0675
                                                                                            -252.5   69.9175
                                                                                                        -1.68

 GBP-INR
 KAPAS          29-Aug-2012
               7/19/2012       1044GBP
                                 1       105387.90251035 88.07751049 87.8000
                                                                          1041            87.9075
                                                                                              -8     88.0400
                                                                                                        -0.76

 GBP-INR
 PEPPER         26-Sep-2012
               7/19/2012          1 GBP 42555
                               42300        88.2500
                                                  42250 88.3000
                                                              42390 88.0500
                                                                         42435            88.1400
                                                                                              45     88.2775
                                                                                                        0.11


 GBP-INR
REF SOYA        29-Oct-2012
               7/19/2012         1 GBP 783.6
                               780.5       88.3675777.4 88.5200
                                                              782.85 88.3625
                                                                          781.3           88.5200
                                                                                             -1.55   89.1650
                                                                                                         -0.2


  JPY-INR
SOY BEAN        29-Aug-2012
               7/19/2012       4309 JPY 433070.8325
                                100               4265.571.10004303 70.7325
                                                                         4315             70.7875
                                                                                              12     70.7350
                                                                                                        0.28


  JPY-INR
TURMERIC        26-Sep-2012
               7/19/2012       4600 JPY 467671.08004518 71.2900
                                100                            4664 70.9325
                                                                         4540             70.9750
                                                                                             -124    70.9350
                                                                                                        -2.66


 USD-INR
 WHEAT          29-Aug-2012
               7/19/2012       1251USD 128255.75001251 55.8650
                                 1                            1246 55.6150
                                                                        1282                  36
                                                                                          55.6775       2.89
                                                                                                     55.6850



 USD-INR       26-Sep-2012       1 USD       55.9500          56.0850        55.8500      55.9100    55.9175



 USD-INR       29-Oct-2012       1 USD       56.2900          56.3775        56.1200      56.1700    56.1925




          www.epicresearch.co                                                             +919993959693
 DAILY USD/INR CHART




ANALYSIS
OPEN: 55.8000
HIGH: 55.8650
LOW: 55.6150
CLOSE: 55.6775

      USD/INR LOOKS DOWNWARDS
      TREND: BEARISH
      STRATEGY: SELL ON RISE
 DAILY EUR/INR CHART




 ANALSIS
OPEN: 69.7600
HIGH: 69.9200
LOW: 69.6000
CLOSE: 69.8475

       EUR/INR LOOKS UPWARDS
       TREND: BULLISH
       STRATEGY: BUY ON DIPS




www.epicresearch.co                             +919993959693
FOREX FORTHCOMING DATA

TIME          CURRENCY                     DATA                  ACTUAL        FORECAST         PREVIOUS
6:00pm            USD          Prelim GDP q/q                                      1.7%            1.5%




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DAILY FOREX REPORT BY EPIC RESEARCH-29 AUGUST 2012

  • 1. DAILY FOREX REPORT 29th AUGUST 2012 WWW.EPICRESEARCH.CO +919993959693
  • 2.  HEADLINES  Rupee up from session low on euro gains The rupee rose further from session low of 55.8850, to 55.64/65 from previous close of 55.69/70. The retreat in the rupee tracks gains in the euro after ECB President Mario Draghi decides not to attend the Fed's Jackson Hole conference later this week, citing a heavy workload.  Rupee erases some initial losses; down 8 paise  TRADING TIPS against dollar Sell USD/INR below The rupee recovered some of the initial losses today but was still down 8 paise at 55.77 against the dollar on 55.61 for targets of demand for the American currency from banks and importers. 55.46/55.30 Stop loss 55.80 RBI REFERENCE RATE As on 28TH August 2012  PAST PERFORMANCE UNDERLYING RATE USDINR 55.78 Sell EUR/INR below EURINR 69.621 69.32 for targets of GBPINR 88.042 69.20/69.05 JPYINR 71.01 Stop loss 69.50 Not Executed www.epicresearch.co +919993959693
  • 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 Open High Low Close CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 Close EUR-INR GUR 29-Aug-2012 7/19/2012 1188EUR 118869.76001178 69.9200 1 1183.5 69.6000 1178 69.8475 -5.5 69.7225 -0.46 EUR-INR JEERA 26-Sep-2012 7/19/2012 1 EUR 14960 14955 69.8500 14650 70.2050 15052.5 69.8000 14800 70.0675 -252.5 69.9175 -1.68 GBP-INR KAPAS 29-Aug-2012 7/19/2012 1044GBP 1 105387.90251035 88.07751049 87.8000 1041 87.9075 -8 88.0400 -0.76 GBP-INR PEPPER 26-Sep-2012 7/19/2012 1 GBP 42555 42300 88.2500 42250 88.3000 42390 88.0500 42435 88.1400 45 88.2775 0.11 GBP-INR REF SOYA 29-Oct-2012 7/19/2012 1 GBP 783.6 780.5 88.3675777.4 88.5200 782.85 88.3625 781.3 88.5200 -1.55 89.1650 -0.2 JPY-INR SOY BEAN 29-Aug-2012 7/19/2012 4309 JPY 433070.8325 100 4265.571.10004303 70.7325 4315 70.7875 12 70.7350 0.28 JPY-INR TURMERIC 26-Sep-2012 7/19/2012 4600 JPY 467671.08004518 71.2900 100 4664 70.9325 4540 70.9750 -124 70.9350 -2.66 USD-INR WHEAT 29-Aug-2012 7/19/2012 1251USD 128255.75001251 55.8650 1 1246 55.6150 1282 36 55.6775 2.89 55.6850 USD-INR 26-Sep-2012 1 USD 55.9500 56.0850 55.8500 55.9100 55.9175 USD-INR 29-Oct-2012 1 USD 56.2900 56.3775 56.1200 56.1700 56.1925 www.epicresearch.co +919993959693
  • 4.  DAILY USD/INR CHART ANALYSIS OPEN: 55.8000 HIGH: 55.8650 LOW: 55.6150 CLOSE: 55.6775 USD/INR LOOKS DOWNWARDS TREND: BEARISH STRATEGY: SELL ON RISE
  • 5.  DAILY EUR/INR CHART ANALSIS OPEN: 69.7600 HIGH: 69.9200 LOW: 69.6000 CLOSE: 69.8475 EUR/INR LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPS www.epicresearch.co +919993959693
  • 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 6:00pm USD Prelim GDP q/q 1.7% 1.5% 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.