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

RBI DAILY REFRENCE RATES

Trade Date

1 USD

1 GBP

1 EURO

100 YEN

30-Dec-2013

62.0028

102.1682

85.1855

58.8600

27-Dec-2013

62.0595

102.0320

85.2748

59.2300

26-Dec-2013

61.9755

101.4911

84.7925

59.1500

24-Dec-2013

61.8668

101.1027

84.6510

59.3700

23-Dec-2013

61.9915

101.3747

84.8180

59.5800

20-Dec-2013

62.2420

101.8092

84.8774

59.5900

19-Dec-2013

62.3800

102.1535

85.2945

59.9800

18-Dec-2013

61.9176

100.8328

85.2692

60.1600

17-Dec-2013

61.9580

101.1402

85.3345

60.1700

16-Dec-2013

62.1024

101.2704

85.4284

60.4000

2|Page
WWW.EPICRESEARCH.CO
CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER

USD/INR DAILY TECHNICAL LEVELS
USD/INR DAILY CANDLESTICK CHART

S2 – 62.0208

S1 – 62.1392

PIVOT – 62.3283

R1 – 62.4467

R2 – 62.6358

TECHNICAL OUTLOOK:
USD/INR (NSE/MCX-SX) has closed @62.2575. If USD/INR breaks the level of @62.15 then it can touch the level of
@61.99 and @61.79 respectively.

3|Page
WWW.EPICRESEARCH.CO
CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR RUPEE:

USD / INR Jan. futures contract (NSE)

View : Bearish on USD

Sell below 62.15

Market Lot : USD 1000

Target : 61.99 / 61.79

Stop Loss : 62.51

Support: S1/ S2 : 62.1392 / 62.0208

Resistance : R1/R2 : 62.4467 / 62.6358

4|Page
WWW.EPICRESEARCH.CO
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

5|Page
WWW.EPICRESEARCH.CO
CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER

CONTACT US:
WWW.EPICRESEARCH.CO

Epic Research Private Limited Corporate Office
411 Milinda Manor (Suites 409 - 417)
2 RNT MargOpp Central Mall
Indore (M.P.)
Hotline: +91 731 664 2300 / 2427 / 2230
Alternate: +91 731 664 2320 / 2226
+91 97521 99966
Or give us a missed call at 026 5309 0639

6|Page
WWW.EPICRESEARCH.CO
CALL: +917316642300

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Daily forex report by epic research 31 dec 2013

  • 1. FOREX TECHNICAL REPORT……!!!! 31- DECEMBER-2013, TUESDAY
  • 2. INDIAN FOREX DAILY NEWSLETTER RBI DAILY REFRENCE RATES Trade Date 1 USD 1 GBP 1 EURO 100 YEN 30-Dec-2013 62.0028 102.1682 85.1855 58.8600 27-Dec-2013 62.0595 102.0320 85.2748 59.2300 26-Dec-2013 61.9755 101.4911 84.7925 59.1500 24-Dec-2013 61.8668 101.1027 84.6510 59.3700 23-Dec-2013 61.9915 101.3747 84.8180 59.5800 20-Dec-2013 62.2420 101.8092 84.8774 59.5900 19-Dec-2013 62.3800 102.1535 85.2945 59.9800 18-Dec-2013 61.9176 100.8328 85.2692 60.1600 17-Dec-2013 61.9580 101.1402 85.3345 60.1700 16-Dec-2013 62.1024 101.2704 85.4284 60.4000 2|Page WWW.EPICRESEARCH.CO CALL: +917316642300
  • 3. INDIAN FOREX DAILY NEWSLETTER USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART S2 – 62.0208 S1 – 62.1392 PIVOT – 62.3283 R1 – 62.4467 R2 – 62.6358 TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @62.2575. If USD/INR breaks the level of @62.15 then it can touch the level of @61.99 and @61.79 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
  • 4. INDIAN FOREX DAILY NEWSLETTER NEAR TERM OUTLOOK FOR RUPEE: USD / INR Jan. futures contract (NSE) View : Bearish on USD Sell below 62.15 Market Lot : USD 1000 Target : 61.99 / 61.79 Stop Loss : 62.51 Support: S1/ S2 : 62.1392 / 62.0208 Resistance : R1/R2 : 62.4467 / 62.6358 4|Page WWW.EPICRESEARCH.CO CALL: +917316642300
  • 5. 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 5|Page WWW.EPICRESEARCH.CO CALL: +917316642300
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