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
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FOREX TECHICAL REPORT……!!!!
19- SEPTEMBER-2013, THURSDAY

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RBI DAILY REFRENCE RATES
Trade Date 1 USD 1 GBP 1 EURO 100 YEN
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
10-Sep-2013 64.2162 100.8259 85.2073 64.2800
06-Sep-2013 65.9600 102.9108 86.5828 66.0900
05-Sep-2013 66.0430 103.1063 86.9940 66.1800
04-Sep-2013 67.0289 104.3171 88.2374 67.1800

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GBP/INR DAILY TECHNICAL LEVELS
GBP/INR DAILY CANDLESTICK CHART
S2 – 100.1167 S1 – 100.6983 PIVOT – 101.0717 R1 – 101.6533 R2 – 102.0267
TECHNICAL OUTLOOK:
GBP/INR (NSE/MCX-SX) has closed @101.2800. If GBP/INR sustains above the level of 101.60 then it can touch the
level of @101.87 and @102.24 respectively.

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NEAR TERM OUTLOOK FOR POUND:
GBP/ INR July futures contract (NSE) View: Bullish on GBP
Buy above 101.60 Market Lot : GBP 1000
Target : 101.87 / 102.24 Stop Loss : 100.65
Support: S1/ S2 : 100.6983 / 100.1167 Resistance : R1/R2: 101.6533 / 102.0267

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