INDIAN FOREX REPORT INDEX WATCH: 1. RBI Reference Rate (USD/ GBP/ EURO/ YEN) 2. USDINR Chart, Levels and Charts Justification. 3. Technical outlook of USDINR. 4. Near Team Outlook for Rupee.
EPIC Research Report This Report contains all the study and strategy required by trader to trade on INDIAN FOREX MARKET (NSE-FX AND MCX-SX). Refer to the chart attracted in the Report to take proper Trading Decision. Research Analyst: Nilesh Jain
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FOREX TECHICAL REPORT……!!!! 26- SEPTEMBER-2013, THURSDAY
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RBI DAILY REFRENCE RATES Trade Date
1 USD
1 GBP
1 EURO
100 YEN
25-Sep-2013
62.6981
100.2731
84.4589
63.5700
24-Sep-2013
62.6585
100.4604
84.5955
63.3200
23-Sep-2013
62.5200
100.2571
84.6710
63.1700
20-Sep-2013
62.2430
99.8969
84.2295
62.6700
19-Sep-2013
61.7480
99.5625
83.5460
62.7400
18-Sep-2013
63.1440
100.4810
84.3675
63.6500
17-Sep-2013
63.3770
100.8582
84.5980
63.9300
16-Sep-2013
62.4840
99.6620
83.4960
63.2300
13-Sep-2013
63.7890
100.7037
84.6675
63.8800
12-Sep-2013
63.6673
100.7089
84.7230
64.1000
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INDIAN FOREX DAILY NEWSLETTER
USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART
S2 – 62.0067
S1 – 62.2733
PIVOT – 62.6417
R1 – 62.9083
R2 – 63.2767
TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @62.5400. If USD/INR breaks the level of @62.25 then it can touch the level of @61.99 and @61.56 respectively.
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NEAR TERM OUTLOOK FOR RUPEE:
USD/ INR July futures contract (NSE)
View: Bearish on USD
Sell below 62.25
Market Lot : USD 1000
Target : 61.99 / 61.56
Stop Loss : 63.05
Support: S1/ S2 : 62.2733 / 62.0067
Resistance : R1/R2: 62.9083 / 63.2767
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