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INDIAN FOREX REPORT
EPIC Research Report
This Report contains all the study and strategy required by trader to
trade on INDIAN FOREX MARKET (NSE-FX AND MCX-SX). Refer to the
chart attracted in the Report to take proper Trading Decision.
Research Analyst: Nilesh Jain
INDEX WATCH:
1. RBI Reference Rate (USD/ GBP/ EURO/ YEN)
2. GBPINR Chart, Levels and Charts Justification.
3. Technical outlook of GBPINR.
4. Near Team Outlook for Pound.
INDIAN FOREX DAILY NEWSLETTER
1 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
FOREX TECHICAL REPORT……!!!!
25- SEPTEMBER-2013, WEDNESDAY
INDIAN FOREX DAILY NEWSLETTER
2 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
RBI DAILY REFRENCE RATES
Trade Date 1 USD 1 GBP 1 EURO 100 YEN
24-Sep-2013 62.6585 100.4604 84.5955 63.3200
23-Sep-2013 62.5200 100.2571 84.6710 63.1700
20-Sep-2013 62.2430 99.8969 84.2295 62.6700
19-Sep-2013 61.7480 99.5625 83.5460 62.7400
18-Sep-2013 63.1440 100.4810 84.3675 63.6500
17-Sep-2013 63.3770 100.8582 84.5980 63.9300
16-Sep-2013 62.4840 99.6620 83.4960 63.2300
13-Sep-2013 63.7890 100.7037 84.6675 63.8800
12-Sep-2013 63.6673 100.7089 84.7230 64.1000
11-Sep-2013 63.9035 100.4691 84.6510 63.6800
INDIAN FOREX DAILY NEWSLETTER
3 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
GBP/INR DAILY TECHNICAL LEVELS
GBP/INR DAILY CANDLESTICK CHART
S2 – 99.7533 S1 – 100.2642 PIVOT – 100.5933 R1 – 101.1042 R2 – 101.4333
TECHNICAL OUTLOOK:
GBP/INR (NSE/MCX-SX) has closed @100.7750. If GBP/INR sustains above the level of @100.94 then it can touch the
level of @101.28 and @101.87 respectively.
INDIAN FOREX DAILY NEWSLETTER
4 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
NEAR TERM OUTLOOK FOR POUND:
GBP/ INR July futures contract (NSE) View: Bullish on GBP
Buy above 100.94 Market Lot : GBP 1000
Target : 101.28 / 101.87 Stop Loss : 100.00
Support: S1/ S2 : 100.2642 / 99.7533 Resistance : R1/R2: 101.1042 / 101.4333
INDIAN FOREX DAILY NEWSLETTER
5 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
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.
INDIAN FOREX DAILY NEWSLETTER
6 | P a g e
WWW.EPICRESEARCH.CO
CALL: +917316642300
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

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Daily forex-report by epic research 25 sep 2013

  • 1. INDIAN FOREX REPORT EPIC Research Report This Report contains all the study and strategy required by trader to trade on INDIAN FOREX MARKET (NSE-FX AND MCX-SX). Refer to the chart attracted in the Report to take proper Trading Decision. Research Analyst: Nilesh Jain INDEX WATCH: 1. RBI Reference Rate (USD/ GBP/ EURO/ YEN) 2. GBPINR Chart, Levels and Charts Justification. 3. Technical outlook of GBPINR. 4. Near Team Outlook for Pound.
  • 2. INDIAN FOREX DAILY NEWSLETTER 1 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 FOREX TECHICAL REPORT……!!!! 25- SEPTEMBER-2013, WEDNESDAY
  • 3. INDIAN FOREX DAILY NEWSLETTER 2 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 RBI DAILY REFRENCE RATES Trade Date 1 USD 1 GBP 1 EURO 100 YEN 24-Sep-2013 62.6585 100.4604 84.5955 63.3200 23-Sep-2013 62.5200 100.2571 84.6710 63.1700 20-Sep-2013 62.2430 99.8969 84.2295 62.6700 19-Sep-2013 61.7480 99.5625 83.5460 62.7400 18-Sep-2013 63.1440 100.4810 84.3675 63.6500 17-Sep-2013 63.3770 100.8582 84.5980 63.9300 16-Sep-2013 62.4840 99.6620 83.4960 63.2300 13-Sep-2013 63.7890 100.7037 84.6675 63.8800 12-Sep-2013 63.6673 100.7089 84.7230 64.1000 11-Sep-2013 63.9035 100.4691 84.6510 63.6800
  • 4. INDIAN FOREX DAILY NEWSLETTER 3 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 GBP/INR DAILY TECHNICAL LEVELS GBP/INR DAILY CANDLESTICK CHART S2 – 99.7533 S1 – 100.2642 PIVOT – 100.5933 R1 – 101.1042 R2 – 101.4333 TECHNICAL OUTLOOK: GBP/INR (NSE/MCX-SX) has closed @100.7750. If GBP/INR sustains above the level of @100.94 then it can touch the level of @101.28 and @101.87 respectively.
  • 5. INDIAN FOREX DAILY NEWSLETTER 4 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 NEAR TERM OUTLOOK FOR POUND: GBP/ INR July futures contract (NSE) View: Bullish on GBP Buy above 100.94 Market Lot : GBP 1000 Target : 101.28 / 101.87 Stop Loss : 100.00 Support: S1/ S2 : 100.2642 / 99.7533 Resistance : R1/R2: 101.1042 / 101.4333
  • 6. INDIAN FOREX DAILY NEWSLETTER 5 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 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.
  • 7. INDIAN FOREX DAILY NEWSLETTER 6 | P a g e WWW.EPICRESEARCH.CO CALL: +917316642300 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