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DAILY FOREX REPORT
                       11th OCTOBER 2012




WWW.EPICRESEARCH.CO                        +919752199966
 HEADLINES



                            Rupee to hover in 53.20-52.20/USD range now

                             India still faces a one-in-three chance of a credit rating
                             downgrade within the next 24 months despite a new
                             drive for economic reform had a significant impact on
                             the currency market. The rupee saw a fall on the back
                             of this and crossed the level of 53/USD.
       TRADING TIPS
                            Rupee touches 53, weakest in nearly two

       Buy USD/INR          weeks

                             Rupee fell below the 53 mark to hit its weakest level in
         Above 53.30 for
                             nearly two weeks versus its previous close of 52.72-
         targets of          52.73, tracking broad gains in the dollar as investors
                             are wary of taking on risk amid concerns of weak
         53.45/53.50
                             earnings in the United States.
        Stop loss 53.15
                                           RBI REFERENCE RATE
       PAST                               As on 10th October 2012
         PERFORMANCE
                                     UNDERLYING                  RATE
       Buy USD/INR                     USDINR                  53.0445
        Above 52.90 for                  EURINR                 68.2100
        targets of
                                        GBPINR                  84.8341
        53.05/53.20
                                         JPYINR                 67.8200
        Stop loss 52.75
        Target Achieved

www.epicresearch.co                                     +919752199966
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
 CHILLI     7/19/2012       5060      5060 Open 5018 High 5120        Low
                                                                        5018       Close
                                                                                     -102       -1.99
                                                                                              Close

                                        68.1700    68.4900    68.0600     68.4450           68.3200
 EUR-INR
  GUR        29-Oct-2012
            7/19/2012       1188EUR
                              1       1188      1178     1183.5      1178     -5.5              -0.46
                                        68.3800     68.7250    68.3425     68.6725          68.5675
 EUR-INR
 JEERA       27-Nov-2012
            7/19/2012          1 EUR 14960
                            14955               14650     15052.5    14800    -252.5            -1.68
                                        84.8825    85.2000     84.6200     85.0950          84.6200
 GBP-INR
 KAPAS       29-Oct-2012
            7/19/2012         1 GBP
                            1044      1053      1035       1049       1041      -8              -0.76
                                        85.0750       85.4900    84.9100     85.3525        84.8825
 GBP-INR
 PEPPER      27-Nov-2012
            7/19/2012          1 GBP 42555
                            42300                 42250      42390     42435      45            0.11

                                        67.7300       68.0525    67.6400      67.9350       67.5000
 JPY-INR
REF SOYA     29-Oct-2012
            7/19/2012       780.5 JPY 783.6
                              100                 777.4     782.85      781.3     -1.55          -0.2

                                       67.9900    68.2425     67.8625     68.1050           67.6875
  JPY-INR
SOY BEAN     27-Nov-2012
            7/19/2012       4309 JPY 4330
                             100              4265.5      4303       4315      12               0.28

                                        52.9525    53.2750     52.9525     53.2200          52.8250
  USD-INR
TURMERIC     29-Oct-2012
            7/19/2012       4600USD
                              1       4676      4518       4664       4540     -124             -2.66

                                        53.2600    53.4800     53.1600     53.4000          53.0425
 USD-INR
 WHEAT       27-Nov-2012
            7/19/2012       1251USD
                              1       1282      1251       1246       1282      36              2.89

                                        53.4525      53.6825      53.3950         53.6250   53.2500
 USD-INR    27-Dec-2012       1 USD




       www.epicresearch.co                                                          +919752199966
 DAILY USD/INR CHART




ANALYSIS
OPEN: 53.0000
HIGH: 53.2750
LOW: 52.9625
CLOSE: 53.2200

    USD/INR LOOKS UPWARDS
    TREND: BULLISH

    STRATEGY: BUY ON DIPS
 DAILY EUR/INR CHART




ANALSIS
OPEN: 68.3200
HIGH: 68.4875
LOW: 68.0600
CLOSE: 68.4450

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




www.epicresearch.co                              +919752199966
FOREX FORTHCOMING DATA

TIME             CURRENCY                       DATA                  ACTUAL        FORECAST        PREVIOUS

 6:00pm                USD                 Trade Balance                                -44.1B         -42.0B




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.

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DAILY FOREX REPORT BY EPIC RESEARCH- 11 OCTOBER 2012

  • 1. DAILY FOREX REPORT 11th OCTOBER 2012 WWW.EPICRESEARCH.CO +919752199966
  • 2.  HEADLINES  Rupee to hover in 53.20-52.20/USD range now India still faces a one-in-three chance of a credit rating downgrade within the next 24 months despite a new drive for economic reform had a significant impact on the currency market. The rupee saw a fall on the back of this and crossed the level of 53/USD.  TRADING TIPS  Rupee touches 53, weakest in nearly two  Buy USD/INR weeks Rupee fell below the 53 mark to hit its weakest level in Above 53.30 for nearly two weeks versus its previous close of 52.72- targets of 52.73, tracking broad gains in the dollar as investors are wary of taking on risk amid concerns of weak 53.45/53.50 earnings in the United States. Stop loss 53.15 RBI REFERENCE RATE  PAST As on 10th October 2012 PERFORMANCE UNDERLYING RATE  Buy USD/INR USDINR 53.0445 Above 52.90 for EURINR 68.2100 targets of GBPINR 84.8341 53.05/53.20 JPYINR 67.8200 Stop loss 52.75 Target Achieved www.epicresearch.co +919752199966
  • 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 CHILLI 7/19/2012 5060 5060 Open 5018 High 5120 Low 5018 Close -102 -1.99 Close 68.1700 68.4900 68.0600 68.4450 68.3200 EUR-INR GUR 29-Oct-2012 7/19/2012 1188EUR 1 1188 1178 1183.5 1178 -5.5 -0.46 68.3800 68.7250 68.3425 68.6725 68.5675 EUR-INR JEERA 27-Nov-2012 7/19/2012 1 EUR 14960 14955 14650 15052.5 14800 -252.5 -1.68 84.8825 85.2000 84.6200 85.0950 84.6200 GBP-INR KAPAS 29-Oct-2012 7/19/2012 1 GBP 1044 1053 1035 1049 1041 -8 -0.76 85.0750 85.4900 84.9100 85.3525 84.8825 GBP-INR PEPPER 27-Nov-2012 7/19/2012 1 GBP 42555 42300 42250 42390 42435 45 0.11 67.7300 68.0525 67.6400 67.9350 67.5000 JPY-INR REF SOYA 29-Oct-2012 7/19/2012 780.5 JPY 783.6 100 777.4 782.85 781.3 -1.55 -0.2 67.9900 68.2425 67.8625 68.1050 67.6875 JPY-INR SOY BEAN 27-Nov-2012 7/19/2012 4309 JPY 4330 100 4265.5 4303 4315 12 0.28 52.9525 53.2750 52.9525 53.2200 52.8250 USD-INR TURMERIC 29-Oct-2012 7/19/2012 4600USD 1 4676 4518 4664 4540 -124 -2.66 53.2600 53.4800 53.1600 53.4000 53.0425 USD-INR WHEAT 27-Nov-2012 7/19/2012 1251USD 1 1282 1251 1246 1282 36 2.89 53.4525 53.6825 53.3950 53.6250 53.2500 USD-INR 27-Dec-2012 1 USD www.epicresearch.co +919752199966
  • 4.  DAILY USD/INR CHART ANALYSIS OPEN: 53.0000 HIGH: 53.2750 LOW: 52.9625 CLOSE: 53.2200  USD/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS
  • 5.  DAILY EUR/INR CHART ANALSIS OPEN: 68.3200 HIGH: 68.4875 LOW: 68.0600 CLOSE: 68.4450  EUR/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966
  • 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 6:00pm USD Trade Balance -44.1B -42.0B 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.