Daily forex-report by epic research 25 march 2013
- 1. S DAILY FOREX REPORT 25TH MARCH 2013 WWW.EPICRESEARCH.CO +919752199966
- 2. HEADLINES Rupee extends losses tracking weak shares The rupee extended losses to 54.39/40 versus its previous close of 54.2750/2850, tracking losses in the domestic share market. Asian shares hovered near 2013 lows and gold stayed close to a one-month high on Friday as Cyprus scrambled to find a solution to its funding crisis and concern over the health of the euro zone mounted. Traders said fiscal year-end and month-end dollar demand from importers especially oil was seen helping the dollar. TRADING TIPS SELL USD/INR ABOVE 54.34 REFERENCE RATE FOR TGT As on 22ND March 2013 54.19/54.04 SL 54.54 UNDERLYING RATE PAST USDINR 54.3350 PERFORMANCE EURINR 70.1005 SELL USD/INR GBPINR 82.5566 ABOVE 54.35 JPYINR 57.3700 FOR TGT 54.20/54.05 SL 54.55 SL TRIGGERED 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 27-Mar-2013 1 EUR 70.4000 70.4675 69.9850 70.2075 70.3325 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 26-Apr-2013 1 EUR 70.9625 70.9625 70.4825 70.6925 70.8050 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 27-Mar-2013 1 GBP 82.2500 82.6425 82.0575 82.5975 82.3725 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 GBPINR PEPPER 26-Apr-2013 42300 GBP 4255582.7450 7/19/2012 1 42250 83.1850 42390 82.6250 42435 83.1400 45 82.9000 0.11 REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 JPYINR 27-Mar-2013 100 JPY 56.8000 57.1700 56.6100 57.0700 57.0825 SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 JPYINR 26-Apr-2013 100 JPY 57.3500 57.6275 57.0500 57.5000 57.4800 TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR WHEAT 27-Mar-2013 1251 7/19/2012 1USD 1282 54.4200 1251 54.4200 1246 54.2375 1282 54.3300 36 54.4450 2.89 USDINR 26-Apr-2013 1 USD 54.7625 54.8100 54.6575 54.7450 54.8450 USDINR 29-May-2013 1 USD 55.1200 55.1450 54.9900 55.0975 55.1725 www.epicresearch.co +919752199966
- 4. DAILY USD/INR CHART ANALYSIS OPEN: 54.3625 HIGH: 54.4600 LOW: 54.3025 CLOSE: 54.3550 USD/INR LOOKS DOWNUPWARDS TREND: BEARISH STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
- 5. DAILY EUR/INR CHART ANALYSIS OPEN: 70.2125 LOW: 70.4725 HIGH: 70.1150 CLOSE: 70.4200 EUR/INR LOOKS DOWNEARDS TREND: BEARISH STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
- 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 3:00pm GBP BBA Mortgage Approvals 33.6K 32.3K 9:15pm CHF Gov Board Member Danthine Speaks 9:45pm USD FOMC Member Dudley Speaks 10:45pm USD Fed Chairman Bernanke Speaks 8:30pm USD IBD/TIPP Economic 46.3 47.3 Optimism 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