Daily forex-report by epic research 22 feb 2013
- 1. S DAILY FOREX REPORT 22ND FEBRUARY 2013 WWW.EPICRESEARCH.CO +919752199966
- 2. HEADLINES Rupee at 1-month lows; local shares, euro fall Rupee is trading at over 1-month highs as global risk aversion pulls down local stocks further. The pair is at 54.48/49 versus Wednesday's close of 54.0750/0850. Local shares are down 0.95 per cent, headed towards their biggest daily per centage fall in two months."There was some USD buying before the daily RBI reference setting," says a dealer.The euro hit a six-week low against the dollar on Thursday, a day after minutes of the Federal Reserve's last policy meeting showed some policymakers thought the Fed may have to slow or stop buying bonds before seeing a pick-up in employment. TRADING TIPS REFERENCE RATE SELL EUR/INR As on 21ST february 2013 BELOW 71.90 FOR TGT UNDERLYING RATE 71.75/71.60 USDINR 54.2895 SL 72.10 EURINR 72.4405 PAST GBPINR 84.0944 PERFORMANCE SELL EUR/INR JPYINR 57.7900 BELOW 72.50 FOR TGT 72.35/72.20 SL 72.65 TARGET ACHIEVED www.epicresearch.co +919752199966
- 3. DAILY MARKET STATISTICS PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE Symbol Series/Expiry Unit Open High Low Close Prev. Close CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 EURINR 26-Feb-2013 1 EUR 72.6000 72.6850 72.3900 72.4875 72.3575 CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 EURINR 27-Mar-2013 1 EUR 72.7925 72.9425 72.6650 72.7525 72.6575 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 26-Feb-2013 1 GBP 84.2675 84.3250 83.8825 84.0200 84.1175 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 GBPINR PEPPER 27-Mar-2013 42300 GBP 4255584.6700 7/19/2012 1 42250 84.6700 42390 84.2100 42435 84.3450 45 84.4225 0.11 REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 JPYINR 26-Feb-2013 100 JPY 58.5500 58.5500 57.7675 57.8550 58.6525 SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 JPYINR 27-Mar-2013 100 JPY 58.6000 59.6825 58.0275 58.1050 58.8975 TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR WHEAT 26-Feb-2013 7/19/2012 1USD 1282 54.4800 1251 1251 54.4875 1246 54.3000 1282 54.3375 36 54.3075 2.89 USDINR 27-Mar-2013 1 USD 54.7000 54.7500 54.5650 54.6000 54.5775 USDINR 26-Apr-2013 1 USD 55.0000 55.0475 54.8575 54.8800 54.8625 www.epicresearch.co +919752199966
- 4. DAILY USD/INR CHART ANALYSIS OPEN: 54.3750 HIGH: 54.6850 LOW: 54.3650 CLOSE: 54.5775 USD/INR LOOKS UPWARDRS TREND: BULLISH STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966
- 5. DAILY EUR/INR CHART ANALYSIS OPEN: 72.2700 HIGH: 72.3600 LOW: 71.8800 CLOSE: 71.9250 EUR/INR LOOKS DOWNWARDS TREND: BEARISH STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
- 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 4:00am AUD RBA Gov Stevens Speaks 2:30pm EUR German Ifo Business 104.9 104.2 Climate 7:00pm CAD Core CPI m/m 0.2% -0.6% 7:00pm CAD Core Retail Sales m/m 0.1% -0.3% 9:00pm USD FOMC Member Powell Speaks 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