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DAILY FOREX REPORT BY EPIC RESEARCH- 7 NOVEMBER 2012

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Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.

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DAILY FOREX REPORT BY EPIC RESEARCH- 7 NOVEMBER 2012

  1. 1. DAILY FOREX REPORT 7TH NOVEMBER 2012WWW.EPICRESEARCH.CO +919752199966
  2. 2.  HEADLINES Rupee off lows as exporters step in to sell dollars The rupee traded at 54.63/64 little changed from its previous close of 54.60/61 as exporters step in to sell dollars after the pair hits new one-and-half months high earlier in the session. The rupee had fallen as low as as 54.7850, its weakest since September 14 as the dollar gained on the back of sharp losses in the euro. Traders now expect rangebound trading in dollar until the results of the US presidential elections are announced.  TRADING TIPS The pair is expected to hold between 54.50-54.80 during this session with movements in domestic shares  SELL USD/INR also being watched for direction. ABOVE 54.70 FOR TGT 54.50/54.30 SL 54.90 RBI REFERENCE RATE As on 6TH November 2012  PAST PERFORMANCE UNDERLYING RATE • BUY USD/INR USDINR 54.5955 ABOVE 54.18 EURINR 69.8635 FOR TGT GBPINR 87.3091 54.38/54.58 JPYINR 68.1900 SL 53.98 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 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 EURINR 27-Nov-2012 1 EUR 70.2150 70.2900 69.8050 69.9250 70.1750 CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 EURINR 27-Dec-2012 1 EUR 70.5150 70.5500 70.1425 70.2150 70.4875 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 GBPINR 27-Nov-2012 1 GBP 87.6675 87.8425 87.2500 87.3200 87.6200 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 27-Dec-2012 1 GBP 88.1000 88.1000 87.5600 87.6600 87.9475 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 JPYINR 27-Nov-2012 100 JPY 68.3825 68.5700 68.0000 68.1575 68.2875 PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11 JPYINR 27-Dec-2012 100 JPY 68.7025 68.7500 68.2100 68.3750 68.4925REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 USDINR 27-Nov-2012 1USD 54.9350 55.0200 54.6225 54.7150 54.8725SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 USDINR 27-Dec-2012 1 USD 55.1000 55.2650 54.8800 54.9675 55.1425TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR 29-Jan-2013 1 USD 55.3550 55.4975 55.1250 55.1850 55.3450 WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 www.epicresearch.co +919752199966
  4. 4. DAILY USD/INR CHARTANALYSISOPEN: 54.9300HIGH: 55.0125LOW: 54.6250CLOSE: 54.7150  USD/INR LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  5. 5. DAILY EUR/INR CHARTANALYSISOPEN: 70.2150HIGH: 70.2900LOW: 69.8225CLOSE: 69.9250  EUR/INR LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  6. 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 3:30pm EUR Retail Sales m/m 0.0% 0.1% 4:30pm EUR German Industrial -0.4% -0.5% Production m/m 9:00pm USD Crude Oil Inventories -2.0M 11:30pm USD 10-y Bond Auction 1.70|3.3DisclaimerThe 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. www.epicresearch.co +919752199966Investment 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 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 Or

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