1. S
DAILY FOREX REPORT
12TH MARCH 2013
WWW.EPICRESEARCH.CO +919752199966
2. HEADLINES
Rupee rises to day's high on positive exports
The rupee rose after exports showed a pick-up. The rupee
was trading at 54.34/35, off 54.52 intraday low, vs
54.285/295 Friday close. February exports rose 4.25 pc,
with positive trend in exports likely to continue. "There is
greater comfort on current account deficit given the
dilution in headwinds from external sector," says a senior
dealer with a private bank. The risk for rupee at this stage
is from RBI's hawkish guidance on monetary policy and
general dollar strength against major currencies, dealer
added
TRADING TIPS
SELL EUR/INR
BELOW 70.99
FOR TGT REFERENCE RATE
70.84/70.69 As on 11th March 2013
SL 71.19
PAST UNDERLYING RATE
PERFORMANCE USDINR 54.2933
SELL EUR/INR EURINR 70.6107
BELOW 71.55 GBPINR 81.0870
FOR TGT JPYINR 56.5200
71.40/71.25
SL 71.75
TARGET ACHIEVED
www.epicresearch.co +919752199966
6. FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
12:30pm EUR German Final CPI m/m 0.6% 0.6%
3:00pm GBP Manufacturing Production 0.1% 1.6%
m/m
5:00pm USD NFIB Small Business 91.3 88.9
Index
11:30pm USD Federal Budget Balance -220.0B 2.9B
8:30pm USD IBD/TIPP Economic 46.3 47.3
Optimism
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.
www.epicresearch.co +919752199966
