S
DAILY FOREX REPORT 24TH JANUARY 2013
WWW.EPICRESEARCH.CO
+919752199966
HEADLINES USD/INR at day's lows on euro, flow-related selling USD/INR slides back towards the day's low helped by gains in the euro and fund flow-related dollar selling, say dealers. The pair is at 53.65/66 after rising to 53.88, versus 53.81/82 at last close. Rupee washes out initial gains vs dollar; still up 3 paise The rupee today failed to maintain initial gains, but was
TRADING TIPS SELL USD/INR BELOW 53.64 FOR TGT 53.52/54.40 SL 53.84 PAST PERFORMANCE BUY USD/INR BELOW 53.75 FOR TGT 53.88/54.05 SL 53.55 TARGET ACHIEVED
www.epicresearch.co
still quoted higher by three paise to 53.79 against the American currency in the late morning trade on mild selling of dollars from banks on the back of persistent capital inflows amid weak global cues. The rupee resumed higher at 53.68 per dollar as against yesterday closing level of 53.81 at the Interbank Foreign Exchange (Forex) Market and moved up further to 53.66.
REFERENCE RATE As on 23RD January 2013 UNDERLYING
RATE
USDINR
53.7710
EURINR
71.5670
GBPINR
85.1356
JPYINR
60.9600
+919752199966
DAILY MARKET STATISTICS PRODUCT NAME
EXP DATE
Symbol
Series/Expiry
CHANA
7/19/2012
EURINR
OPEN
HIGH
LOW
Unit
Open
4556
29-Jan-2013
4573
1 EUR
4525
71.5000
CHILLI
7/19/2012
5060
5060
GUR
7/19/2012
1188
1188
JEERA
7/19/2012
14955
14960
EURINR
GBPINR
26-Feb-2013
1 EUR
29-Jan-2013
1 GBP 1044
5018 1178
71.7725
14650
84.9450 1053
High 4560
71.7175
5120
1183.5
71.9800
15052.5
85.3200
LTP
Low 4532
71.3900 5018 1178
71.6700 14800
84.9100
KAPAS
7/19/2012
1049
1041
GBPINR PEPPER
26-Feb-2013 42300 1 GBP 4255585.3800 7/19/2012 42250 85.6300 42390
85.2675 42435
REF SOYA
7/19/2012
780.5
783.6
SOY BEAN
7/19/2012
4309
4330
JPYINR
JPYINR TURMERIC
29-Jan-2013
26-Feb-2013
100 JPY
100 JPY
1035
CLOSE
777.4
60.5600
4265.5
60.9000 4518
4303
61.3075
781.3
60.5350 4315
60.8225
7/19/2012
4600
4664
4540
WHEAT USDINR
7/19/2012 29-Jan-2013
12511USD 1282 53.7600 1251 54.0000 1246
USDINR
26-Feb-2013
1 USD
53.9600
USDINR
27-Mar-2013
1 USD
54.2200
www.epicresearch.co
4676
782.85
61.0300
CHG
Close -28
71.5325
PERCENTAGE CHANGE
Prev. Close -0.61
71.8075
-102
-1.99
-5.5
-0.46
-252.5
-1.68
71.8075
85.0425 -8
72.0650
85.2300 -0.76
85.3850 45
85.5800 0.11
-1.55
-0.2
12
0.28
60.7300
61.0100
60.5625
60.8800
-124
-2.66
53.5725 1282
53.6400 36
2.89 53.7550
54.1200
53.8175
53.8850
54.0000
54.4100
54.1125
54.1700
54.2900
+919752199966
DAILY USD/INR CHART
ANALYSIS OPEN: 53.6975 HIGH: 53.8800 LOW: 53.5725 CLOSE: 53.6400
USD/INR LOOKS SIDEWAYS TREND: CONSOLIDATED
STRATEGY: SELL ON RISE
www.epicresearch.co
+919752199966
DAILY EUR/INR CHART
ANALYSIS OPEN: 71.5000 HIGH: 71.7150 LOW: 71.3900 CLOSE: 71.5325
EUR/INR LOOKS SIDEWAYS TREND: CONSLODATED STRATEGY: SELL ON RISE
www.epicresearch.co
+919752199966
FOREX FORTHCOMING DATA TIME
CURRENCY
DATA
2:00pm
EUR
2:00pm
EUR
German Flash Manufacturing PMI German Flash Services PMI
7:00pm
USD
9:30pm 9:00pm
ACTUAL
FORECAST
PREVIOUS
47.1
46.0
52.0
52.0
Unemployment Claims
359K
335K
USD
Crude Oil Inventories
2.8M
-1.0M
USD
Crude Oil Inventories
-1.6M
-1.0M
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