Daily forex report 28 feb 2014 by epic research

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FOREX TECHNICAL REPORT……!!!! 28- FEBRUARY-2014, FRIDAY


INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES

Trade Date

1 USD

1 GBP

1 EURO

100 YEN

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

18-Feb-2014

62.1220

103.9301

85.1680

60.5100

17-Feb-2014

61.9495

104.0194

84.9485

60.9700

14-Feb-2014

62.2770

103.6663

85.1755

61.2200

13-Feb-2014

62.2725

103.4658

84.8710

61.0200

12-Feb-2014

62.1250

102.2515

84.7215

60.6000

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INDIAN FOREX DAILY NEWSLETTER

GBP/INR DAILY TECHNICAL LEVELS GBP/INR DAILY CANDLESTICK CHART

S2 – 103.5225

S1 – 103.7800

PIVOT – 103.9375

R1 – 104.1950

R2 – 104.3525

TECHNICAL OUTLOOK: GBP/INR (NSE/MCX-SX) has closed @ 104.0375. If GBP/INR sustain above the level of @ 104.16, then it can touch the level of @ 104.30 and @ 104.45 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300


INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR POUND:

GBP / INR Mar. futures contract (NSE)

Buy

above

View : Bullish on GBP

104.16

Target : 104.30 /

Market Lot : GBP

104.45

Support: S1/ S2 : 103.7800 / 103.5225

Stop Loss :

1000

103.86

Resistance : R1/R2 : 104.1950 / 104.3525

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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

CONTACT US: WWW.EPICRESEARCH.CO

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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