Daily forex report 21 march 2014 by epic research

INDIAN FOREX DAILY REPORT 21st MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300

DAILY MARKET OUTLOOK 21st MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

61.3900

61.4850

61.1425

61.4600

0.66%

727057

EUR-INR

MAR-2014

84.9500

84.9650

84.4200

84.6100

-0.46%

48901

GBP-INR

MAR-2014

101.3800

101.6300

101.2000

101.4325

-0.19%

32343

JPY-INR

MAR-2014

60.5300

60.5300

59.7800

59.9750

-0.24%

7922

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

61.0200

61.2400

61.3625

61.5825

61.7050

EUR-INR

84.1200

84.3650

84.6650

84.9100

85.2100

GBP-INR

100.9908

101.2117

101.4208

101.6417

101.8508

JPY-INR

59.3450

59.6600

60.0950

60.4100

60.8450

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300

RBI DAILY REFRENCE RATES 21st MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

20-Mar-2014

61.1310

101.1718

84.5925

59.7600

19-Mar-2014

61.0970

101.4149

85.0792

60.1800

18-Mar-2014

60.9453

101.3703

84.8917

59.9000

14-Mar-2014

61.5170

102.2166

85.2265

60.5700

13-Mar-2014

61.0155

101.6518

85.0232

59.4600

12-Mar-2014

61.0900

101.5927

84.6545

59.3900

11-Mar-2014

60.6995

100.9675

84.1590

58.7800

10-Mar-2014

61.1965

102.3511

84.9450

59.3400

07-Mar-2014

60.9850

102.0706

84.5255

59.2200

06-Mar-2014

61.3242

102.5402

84.1866

59.7400

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300

EPIC DAILY TOP PICKS 21st MARCH-2014

EUR-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : EUR-INR has closed @ 84.5200. If it breaks the level of 84.42, it can touch the level of 84.28 & 84.13 respectively. If it sustain above the level of 84.98, it can touch the level of 85.12 & 85.27 respectively.

SELL EUR-INR BELOW 84.42 TGTS 84.28, 84.13 SL 84.71.

BUY EUR-INR ABOVE 84.98 TGTS 85.12, 85.27 SL 84.70.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300

TODAY'S ECONOMIC EVENTS 21st MARCH-2014

YOUR MINTVISORY

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.

Research Analyst : Nilesh Jain YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300