Daily forex report 07 march 2014 by epic research

Page 1

INDIAN FOREX DAILY REPORT 07th MARCH-2014

DAILY MARKET OUTLOOK 26th FEBRUARY-2014

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


DAILY MARKET OUTLOOK 07th MARCH-2014

CURRENCY FUTURES SNAPSHOT CURRENCY

CONTRACT

OPEN

HIGH

LOW

CLOSE

% CHANGE

OPEN INT.

USD-INR

MAR-2014

61.7400

61.7400

61.3275

61.3325

-1.01%

779831

EUR-INR

MAR-2014

84.7400

84.7400

84.2300

84.2800

-0.82%

57133

GBP-INR

MAR-2014

103.2075

103.2075

102.5150

102.5500

-0.76%

50554

JPY-INR

MAR-2014

60.1675

60.1875

59.7500

59.7675

-1.27%

10139

INTRADAY SUPPORT & RESISTANCE CURRENCY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

USD-INR

61.0542

61.1933

61.4667

61.6058

61.8792

EUR-INR

83.9067

84.0933

84.4167

84.6033

84.9267

GBP-INR

102.0650

102.3075

102.7575

103.0000

103.4500

JPY-INR

59.4642

59.6158

59.9017

60.0533

60.3392

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


RBI DAILY REFRENCE RATES 07th MARCH-2014

TRADE DATE

1 USD

1 GBP

1 EURO

100 YEN

06-Mar-2014

61.3242

102.5402

84.1866

59.7400

05-Mar-2014

61.8550

103.0566

84.9195

60.5600

04-Mar-2014

61.9045

103.2567

85.1365

60.8400

03-Mar-2014

61.8605

103.5235

85.3085

61.0100

28-Feb-2014

62.0720

103.6106

85.0285

60.9900

26-Feb-2014

61.9380

103.3126

85.1148

60.5300

25-Feb-2014

61.9765

103.3086

85.1435

60.5100

24-Feb-2014

62.1185

103.3838

85.3235

60.7100

21-Feb-2014

62.1618

103.4435

85.2685

60.6600

20-Feb-2014

62.2843

103.8404

85.6995

61.1700

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


EPIC DAILY TOP PICKS 07th MARCH-2014

GBP-INR DAILY CANDLESTICK CHART

TRADING STRATEGY : GBP-INR has closed @ 102.67. If it breaks the level of 102.49, it can touch the level of 102.35 & 102.20 respectively. If it sustain above the level of 103.20, it can touch the level of 103.34 & 103.49 respectively. SELL GBP-INR BELOW 102.49 TGTS 102.35, 102.20 SL 102.78. BUY GBP-INR ABOVE 103.20 TGTS 103.34, 103.49 SL 102.90.

YOUR MINTVISORY

WWW.EPICRESEARCH.CO CALL: +917316642300


TODAY'S ECONOMIC EVENTS 07th 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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.