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FOREX TECHICAL REPORT……!!!! 06- NOVEMBER-2013, WEDNESDAY


INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES Trade Date

1 USD

1 GBP

1 EURO

100 YEN

31-Oct-2013

61.7880

98.6569

83.4190

62.7400

01-Nov-2013

61.9046

99.1897

83.8775

63.2100

31-Oct-2013

61.4100

98.2867

84.1245

62.4400

30-Oct-2013

61.4871

98.7052

84.4855

62.6100

29-Oct-2013

61.4630

98.9862

84.7244

63.0100

28-Oct-2013

61.5030

99.4934

84.8825

63.0100

25-Oct-2013

61.6250

99.9373

85.1350

63.4800

24-Oct-2013

61.4105

99.5280

84.8150

62.9900

23-Oct-2013

61.5340

99.7466

84.7495

63.1800

22-Oct-2013

61.7800

99.6573

84.4855

62.8600

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INDIAN FOREX DAILY NEWSLETTER

USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART

S2 – 61.6642

S1 – 61.8483

PIVOT – 62.1442

R1 – 62.3283

R2 – 62.6242

TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @62.0325. If USD/INR breaks the level of @61.95 then it can touch the level of @61.81 and @61.61 respectively.

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INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR RUPEE:

USD / INR Nov futures contract (NSE)

View : Bearish on USD

Sell below 61.95

Market Lot : USD 1000

Target : 61.81 / 61.61

Stop Loss : 62.50

Support: S1/ S2 : 61.8483 / 61.6642

Resistance : R1/R2: 62.3283 / 62.6242

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INDIAN FOREX DAILY NEWSLETTER

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

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INDIAN FOREX DAILY NEWSLETTER

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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 6 nov 2013  

Daily FOREX Report by EPIC RESEARCH 6 November 2013

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