Page 1

DAILY FOREX REPORT 10th APRIL 2013

WWW.EPICRESEARCH.CO

+919752199966


 HEADLINES

 Rupee weakens on day against dollar as markets tank The rupee reversed gains to trade weaker at 54.62/63 versus its previous close of 54.56/57 as sharp losses in the domestic share market aided the US currency.Shares provisionally closed down 1.2 per cent.

 TRADING TIPS

Traders expect the downside for the rupee to be capped at around 54.70 for the day.

 BUY EUR/INR  Sterling hits session high vs dollar on

ABOVE 71.20 for

industrial output data

TGTS of

Sterling hit a session high against the dollar on Tuesday

71.35/71.50 STOP LOSS 71.05  PAST PERFORMANCE  SELL EUR/INR BELOW 70.90 for

after better-than-expected UK industrial and manufacturing output data, although gains were tempered by a wider-than-forecast trade deficit. Sterling rose around 0.3 percent to $1.5308 according to Reuters data, from $1.5285 beforehand.

RBI REFERENCE RATE As on 9th APRIL 2013 UNDERLYING

RATE

TGTS of

USDINR

54.4613

70.75/70.60

EURINR

70.9875

STOP LOSS 71.05

GBPINR

83.1297

BELOW COST

JPYINR

54.9500

www.epicresearch.co

+919752199966


PRODUCT NAME

EXP DATE

OPEN

CHG

PERCENTAGE CHANGE

CHANA

7/19/2012

4556

-28

-0.61

Symbol CHILLI

Series/Expiry 7/19/2012

5060Unit

5060 Open 5018 High 5120

5018

Close

-102

Prev. -1.99 Close

EUR-INR GUR

26-Apr-2013 7/19/2012

1 EUR 1188

118871.50001178 71.5225 1183.5 71.1625 1178

71.3225

71.3225

EUR-INR JEERA

29-May-2013 7/19/2012

1 EUR 1496071.855014650 71.9400 14955 15052.5 71.6275 14800

71.7700 -252.5

71.7700 -1.68

GBP-INR KAPAS

26-Apr-2013 7/19/2012

1 GBP 1044

83.8100 -8

83.8100 -0.76

GBP-INR PEPPER

29-May-2013 7/19/2012

1 GBP 4255584.777542250 84.8575 42300 42390 84.2000 42435

84.3050 45

84.3050 0.11

JPY-INR REF SOYA

26-Apr-2013 7/19/2012

100 JPY 783.656.1000777.4 56.5800 780.5 782.85 55.4150 781.3

55.5875 -1.55

55.5875 -0.2

JPY-INR SOY BEAN

29-May-2013 7/19/2012

100 JPY 433056.60254265.556.60254303 55.7850 4309 4315

55.9475 12

55.9475 0.28

USD-INR TURMERIC

26-Apr-2013 7/19/2012

1 USD 4600

467655.09004518 55.09004664 54.7400 4540

54.7650 -124

54.7650 -2.66

USD-INR WHEAT

29-May-2013 7/19/2012

1 USD 1251

128255.39501251 55.41251246 55.0925 1282

55.1075 36

55.1075 2.89

USD-INR

26-Jun-2013

1 USD

55.4025

55.4025

www.epicresearch.co

HIGH

LOW

CLOSE

LTP

DAILY MARKET STATISTICS 4573

4525

4560

4532

Low

105384.03501035 84.39751049 83.7450 1041

55.6775

55.7075

55.3900

-5.5

-0.46

+919752199966


 DAILY USD/INR CHART

ANALYSIS OPEN: 54.4700 HIGH: 54.6200 LOW: 54.3900 CLOSE: 54.5800

 USD/INR LOOKS UPWARDS  TREND: BULLISH

 STRATEGY: BUY ON DIPS


 DAILY EUR/INR CHART

ANALYSIS OPEN: 71.1700 HIGH: 71.1800 LOW: 70.8600 CLOSE: 70.9700  EUR/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS

www.epicresearch.co

+919752199966


FOREX FORTHCOMING DATA TIME

CURRENCY

2:00pm

USD

DATA

ACTUAL

FORECAST

PREVIOUS

FOMC Meeting Minutes

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.

DAILY-FOREX-REPORT BY EPIC RESEARCH 10 APRIL 2013  
Advertisement