Daily forex report by epic research 30 dec 2013

Page 1

FOREX TECHNICAL REPORT……!!!! 30- DECEMBER-2013, MONDAY


INDIAN FOREX DAILY NEWSLETTER

RBI DAILY REFRENCE RATES

Trade Date

1 USD

1 GBP

1 EURO

100 YEN

27-Dec-2013

62.0595

102.0320

85.2748

59.2300

26-Dec-2013

61.9755

101.4911

84.7925

59.1500

24-Dec-2013

61.8668

101.1027

84.6510

59.3700

23-Dec-2013

61.9915

101.3747

84.8180

59.5800

20-Dec-2013

62.2420

101.8092

84.8774

59.5900

19-Dec-2013

62.3800

102.1535

85.2945

59.9800

18-Dec-2013

61.9176

100.8328

85.2692

60.1600

17-Dec-2013

61.9580

101.1402

85.3345

60.1700

16-Dec-2013

62.1024

101.2704

85.4284

60.4000

13-Dec-2013

62.1266

101.5335

85.4135

59.9000

2|Page WWW.EPICRESEARCH.CO CALL: +917316642300


INDIAN FOREX DAILY NEWSLETTER

EUR/INR DAILY TECHNICAL LEVELS EUR/INR DAILY CANDLESTICK CHART

S2 – 59.2800

S1 – 59.4050

PIVOT – 59.5825

R1 – 59.7075

R2 – 59.8850

TECHNICAL OUTLOOK: EUR/INR (NSE/MCX-SX) has closed @86.1175. If EUR/INR sustain above the level of @86.21 then it can touch the level of @86.36 and @86.53 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300


INDIAN FOREX DAILY NEWSLETTER

NEAR TERM OUTLOOK FOR EURO:

EUR / INR Jan. futures contract (NSE)

View : Bullish on EUR

Buy above 86.21

Market Lot : EUR 1000

Target : 86.36 / 86.53

Stop Loss : 85.80

Support: S1/ S2 : 59.4050 / 59.2800

Resistance : R1/R2 : 59.7075 / 59.8850

4|Page WWW.EPICRESEARCH.CO CALL: +917316642300


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

5|Page WWW.EPICRESEARCH.CO CALL: +917316642300


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

6|Page 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.