DAILY FOREX REPORT 14TH DECEMBER 2012
WWW.EPICRESEARCH.CO
+919752199966
HEADLINES Rupee trims initial gains vs dollar, still up 15 paise In line with equity market, the rupee trimmed its earlier gains but was still quoted up by 15 paise at 54.17 per dollar on mild selling of the American currency from banks amid persistent foreign capital inflows in stock market. The rupee resumed higher at 54.15 per dollar as against the last closing level of 54.32 at the Interbank Foreign Exchange (Forex) Market and moved up further to a high of 54.10. However, it failed to maintain earlier gains and was quoted at 54.17 per dollar at 1050 hrs. It hovered in a range of 54.10 and 54.23 per dollar during
TRADING TIPS BUY USD/INR ABOVE 54.62 FOR TGT 54.77/54.92 SL 54.42 PAST PERFORMANCE BUY EUR/INR ABOVE 70.97 FOR TGT 71.12/71.27 SL 70.77 TARGET ACHIEVED
www.epicresearch.co
the morning deals. Rupee opens at 54.17 per dollar The Indian rupee opened at 54.17 per dollar versus 54.32 yesterday.sharad Pawaar, SPFX India said, "The rupee may gain marginally amid mixed global cues. Positive sentiment in domestic equity markets is likely to support the currency. The range for the day is seen between 54.10-54.45/USD."
RBI REFERENCE RATE As on 13TH December 2012 UNDERLYING
RATE
USDINR
54.2320
EURINR
70.9440
GBPINR
87.5304
JPYINR
64.8600
+919752199966
DAILY MARKET STATISTICS PRODUCT NAME
Symbol CHANA
EURINR
EXP DATE
OPEN
Series/Expiry
HIGH
LOW
Unit
7/19/2012
Open
4556
27-Dec-2012
4573
1 EUR
4525
70.9600
CHILLI
7/19/2012
5060
5060
GUR
7/19/2012
1188
1188
JEERA
7/19/2012
14955
14960
EURINR
GBPINR
29-Jan-2013
1 EUR
27-Dec-2012
1 GBP
5018 1178
71.3075
14650
87.8600
1044
1053
High 4560
71.3350
5120
1183.5
71.5800
15052.5
88.0850
Low 4532
70.9000
5018 1178
71.1500
14800
87.5025
7/19/2012
GBPINR PEPPER
29-Jan-2013 42300 1 GBP 4255588.0025 7/19/2012 42250 88.3800 42390 87.8100 42435 7/19/2012
780.5
783.6
SOY BEAN
7/19/2012
4309
4330
JPYINR
JPYINR TURMERIC WHEAT USDINR
27-Dec-2012
29-Jan-2013 7/19/2012
100 JPY
100 JPY 4600
777.4
65.1800
4265.5
65.3275 4676
4518
1049
LTP
KAPAS
REF SOYA
1035
CLOSE
782.85
65.5750
4303
65.8325
1041
781.3
64.8675
4315
65.0775
CHG
Close -28
71.2675 -102 -5.5
PERCENTAGE CHANGE
Prev. Close -0.61
70.9400 -1.99 -0.46
71.5175
71.1550
-252.5
-1.68
88.0025
87.8700
-8
-0.76
88.3025 45
88.1575 0.11
-1.55
-0.2
65.4625
65.7075
12
0.28
65.7475
65.9725
-124
-2.66
4664
4540
7/19/2012 27-Dec-2012 12511USD 1282 54.3875 1251 54.6650 1246
54.2400 1282
54.6225 36
54.4575 2.89
USDINR
29-Jan-2013
1 USD
54.5875
54.9100
54.5000
54.8775
54.7100
USDINR
26-Feb-2013
1 USD
54.8150
55.1500
54.7400
55.1000
54.9525
www.epicresearch.co
+919752199966
DAILY USD/INR CHART
ANALYSIS OPEN: 54.3250 HIGH: 54.6625 LOW: 54.2400 CLOSE: 54.6225
USD/INR LOOKS SIDEWAYS TREND: CONSOLIDATED
STRATEGY: BUY ON DIPS
www.epicresearch.co
+919752199966
DAILY EUR/INR CHART
ANALYSIS OPEN: 70.9600 HIGH: 71.3300 LOW: 70.9000 CLOSE: 71.2675
EUR/INR LOOKS SIDEWAYS TREND: CONSOLIDATED STRATEGY: BUY ON DIPS
www.epicresearch.co
+919752199966
FOREX FORTHCOMING DATA TIME
CURRENCY
DATA
2:00pm
EUR
7:00pm
USD
German Flash Manufacturing PMI Core CPI m/m
7:30pm
USD
7:45pm 7:45pm
ACTUAL
FORECAST
PREVIOUS
47.1
46.8
0.2%
0.2%
Flash Manufacturing PMI
52.6
52.8
USD
Capacity Utilization Rate
77.9%
77.8%
USD
Industrial Production m/m
0.3%
-0.4%
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.
www.epicresearch.co
+919752199966