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FOREX TECHNICAL REPORT……!!!!
08- NOVEMBER-2013, FRIDAY
INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES
Trade Date

1 USD

1 GBP

1 EURO

100 YEN

07-Nov-2013

62.5740

100.6252

84.6225

63.4600

06-Nov-2013

61.9225

99.5961

83.6375

62.8100

05-Nov-2013

61.7880

98.6569

83.4190

62.7400

01-Nov-2013

61.9046

99.1897

83.8775

63.2100

31-Oct-2013

61.4100

98.2867

84.1245

62.4400

30-Oct-2013

61.4871

98.7052

84.4855

62.6100

29-Oct-2013

61.4630

98.9862

84.7244

63.0100

28-Oct-2013

61.5030

99.4934

84.8825

63.0100

25-Oct-2013

61.6250

99.9373

85.1350

63.4800

24-Oct-2013

61.4105

99.5280

84.8150

62.9900

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

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

S2 – 62.5267

S1 – 62.6858

PIVOT – 62.8567

R1 – 63.0158

R2 – 63.1867

TECHNICAL OUTLOOK:
USD/INR (NSE/MCX-SX) has closed @62.8450. If USD/INR sustains above the level of @63.05 then it can touch the level
of @63.20 and @63.40 respectively.
3|Page
WWW.EPICRESEARCH.CO
CALL: +917316642300
INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR RUPEE:

USD / INR Nov futures contract (NSE)

View : Bullish on USD

Buy above 63.05

Market Lot : USD 1000

Target : 63.20 / 63.40

Stop Loss : 62.45

Support: S1/ S2 : 62.6858 / 62.5267

Resistance : R1/R2: 63.0158 / 63.1867

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
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INDIAN FOREX DAILY NEWSLETTER

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Daily forex report by epic research 8 nov 2013

  • 1. FOREX TECHNICAL REPORT……!!!! 08- NOVEMBER-2013, FRIDAY
  • 2. INDIAN FOREX DAILY NEWSLETTER RBI DAILY REFRENCE RATES Trade Date 1 USD 1 GBP 1 EURO 100 YEN 07-Nov-2013 62.5740 100.6252 84.6225 63.4600 06-Nov-2013 61.9225 99.5961 83.6375 62.8100 05-Nov-2013 61.7880 98.6569 83.4190 62.7400 01-Nov-2013 61.9046 99.1897 83.8775 63.2100 31-Oct-2013 61.4100 98.2867 84.1245 62.4400 30-Oct-2013 61.4871 98.7052 84.4855 62.6100 29-Oct-2013 61.4630 98.9862 84.7244 63.0100 28-Oct-2013 61.5030 99.4934 84.8825 63.0100 25-Oct-2013 61.6250 99.9373 85.1350 63.4800 24-Oct-2013 61.4105 99.5280 84.8150 62.9900 2|Page WWW.EPICRESEARCH.CO CALL: +917316642300
  • 3. INDIAN FOREX DAILY NEWSLETTER USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART S2 – 62.5267 S1 – 62.6858 PIVOT – 62.8567 R1 – 63.0158 R2 – 63.1867 TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @62.8450. If USD/INR sustains above the level of @63.05 then it can touch the level of @63.20 and @63.40 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300
  • 4. INDIAN FOREX DAILY NEWSLETTER NEAR TERM OUTLOOK FOR RUPEE: USD / INR Nov futures contract (NSE) View : Bullish on USD Buy above 63.05 Market Lot : USD 1000 Target : 63.20 / 63.40 Stop Loss : 62.45 Support: S1/ S2 : 62.6858 / 62.5267 Resistance : R1/R2: 63.0158 / 63.1867 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
  • 6. 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