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DAILY FOREX REPORT
                28TH DECEMBER 2012




WWW.EPICRESEARCH.CO                  +919752199966
 HEADLINES
                        Rupee gains by 11 paise against dollar in early
                         trade

                         The rupee today strengthened by 11 paise to 54.73 against
                         the US dollar in early trade at the Interbank Foreign
                         Exchange, aided by selling of the American currency by
                         exporters and banks and strong capital inflows. Besides, a
                         higher opening in the domestic equity market and
                         continued capital inflows, strengthening of the euro
                         against the dollar overseas, also supported the rupee,
                         forex dealers said. The rupee had gained 11 paise to end at
                         one-week high of 54.84 against the US dollar in
                         yesterday's trade on sustained selling of the US dollar by
                         exporters and capital inflows.

 TRADING TIPS          Rupee down; stocks give up gains

 SELL USD/INR           Rupee is trading down versus $ in thin trade as local
                         stocks gave up gains, some buying on rupee futures
  BELOW 54.83
                         settlement, says dealer. Currently the pair is at 54.88/89,
  FOR TGT                off   54.72    highs,   versus   54.8350/8450    close   on
  54.68/54.53            Wednesday. Local stocks gave up early gains and are now
  SL 54.98               trading flat. Pair has short term resistance at 55.05-55.10,
 PAST                   with 55.25 to provide extremely good resistance on further

  PERFORMANCE            rallies.

 SELL USD/INR                          REFERENCE RATE
  BELOW 54.89
                                    As on 27TH December 2012
  FOR TGT 54.76
  SL 55.04                          UNDERLYING               RATE
  TARGET ACHIEVED                      USDINR               54.8465

                                       EURINR               72.6330

                                       GBPINR               88.5497

                                       JPYINR               63.9800




 www.epicresearch.co                                        +919752199966
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     29-Jan-2013        1 EUR            72.8000      73.2200     72.7000     73.1800      72.7750
 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-Feb-2013        1 EUR            72.9000      73.4550     72.9000     73.4325      72.9975

 JEERA      7/19/2012       14955      14960        14650      15052.5     14800    -252.5        -1.68
 GBPINR     29-Jan-2013        1 GBP            88.9000      89.4250     88.6500     89.3650      88.9325
 KAPAS      7/19/2012       1044        1053        1035         1049      1041       -8          -0.76


 GBPINR
 PEPPER      26-Feb-2013 42300 GBP 4255589.0000
            7/19/2012        1               42250 89.6700
                                                       42390             88.8975
                                                                           42435     89.6325
                                                                                      45          89.2150
                                                                                                  0.11


REF SOYA    7/19/2012       780.5       783.6       777.4       782.85     781.3     -1.55        -0.2
 JPYINR     29-Jan-2013       100 JPY           64.2175      64.4400     64.0125     64.4025      64.5925

SOY BEAN    7/19/2012       4309        4330        4265.5       4303      4315       12          0.28

 JPYINR     26-Feb-2013       100 JPY           64.2300      64.6500     64.2300     64.6025      64.7125
TURMERIC    7/19/2012       4600        4676        4518         4664      4540      -124         -2.66


 USDINR
 WHEAT       29-Jan-2013
            7/19/2012          1USD 1282 55.0525
                            1251              1251 55.2600
                                                       1246              54.9900
                                                                            1282     55.2325
                                                                                      36          55.1525
                                                                                                  2.89



 USDINR     26-Feb-2013        1 USD            55.2875      55.4975     55.2650     55.4750      55.4025



 USDINR     27-Mar-2013        1 USD            55.5275      55.7350     55.5025     55.7175      55.6600




      www.epicresearch.co                                                          +919752199966
DAILY USD/INR CHART




ANALYSIS
OPEN: 54.8225
HIGH: 54.8475
LOW: 54.7550
CLOSE: 54.8350

    USD/INR LOOKS DOWNWARDS
    TREND: BEARISH

    STRATEGY: SELL ON RISE




         www.epicresearch.co                         +919752199966
DAILY EUR/INR CHART




ANALYSIS
OPEN: 72.5350
HIGH: 72.6450
LOW: 72.4500
CLOSE: 72.5925

    EUR/INR LOOKS DOWNWARDS
    TREND: BEARISH
    STRATEGY: SELL ON RISE




         www.epicresearch.co                         +919752199966
FOREX FORTHCOMING DATA
    TIME                CURRENCY                           DATA                    ACTUAL          FORECAST           PREVIOUS
   1:15pm                   EUR                   French Consumer                                      0.0%               -0.2%
                                                   Spending m/m
  Tentative                 EUR              Italian 10-y Bond Auction                                                  4.45|1.2


   8:15pm                   USD                       Chicago PMI                                      51.2                50.4

   8:30pm                   USD              Pending Home Sales m/m                                   -0.3%                5.2%

   9:30pm                   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

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DAILY FOREX REPORT BY EPIC RESEARCH- 28 DECEMBER 2012

  • 1. DAILY FOREX REPORT 28TH DECEMBER 2012 WWW.EPICRESEARCH.CO +919752199966
  • 2.  HEADLINES  Rupee gains by 11 paise against dollar in early trade The rupee today strengthened by 11 paise to 54.73 against the US dollar in early trade at the Interbank Foreign Exchange, aided by selling of the American currency by exporters and banks and strong capital inflows. Besides, a higher opening in the domestic equity market and continued capital inflows, strengthening of the euro against the dollar overseas, also supported the rupee, forex dealers said. The rupee had gained 11 paise to end at one-week high of 54.84 against the US dollar in yesterday's trade on sustained selling of the US dollar by exporters and capital inflows.  TRADING TIPS  Rupee down; stocks give up gains  SELL USD/INR Rupee is trading down versus $ in thin trade as local stocks gave up gains, some buying on rupee futures BELOW 54.83 settlement, says dealer. Currently the pair is at 54.88/89, FOR TGT off 54.72 highs, versus 54.8350/8450 close on 54.68/54.53 Wednesday. Local stocks gave up early gains and are now SL 54.98 trading flat. Pair has short term resistance at 55.05-55.10,  PAST with 55.25 to provide extremely good resistance on further PERFORMANCE rallies.  SELL USD/INR REFERENCE RATE BELOW 54.89 As on 27TH December 2012 FOR TGT 54.76 SL 55.04 UNDERLYING RATE TARGET ACHIEVED USDINR 54.8465 EURINR 72.6330 GBPINR 88.5497 JPYINR 63.9800 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 29-Jan-2013 1 EUR 72.8000 73.2200 72.7000 73.1800 72.7750 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-Feb-2013 1 EUR 72.9000 73.4550 72.9000 73.4325 72.9975 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 29-Jan-2013 1 GBP 88.9000 89.4250 88.6500 89.3650 88.9325 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 GBPINR PEPPER 26-Feb-2013 42300 GBP 4255589.0000 7/19/2012 1 42250 89.6700 42390 88.8975 42435 89.6325 45 89.2150 0.11 REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 JPYINR 29-Jan-2013 100 JPY 64.2175 64.4400 64.0125 64.4025 64.5925 SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 JPYINR 26-Feb-2013 100 JPY 64.2300 64.6500 64.2300 64.6025 64.7125 TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR WHEAT 29-Jan-2013 7/19/2012 1USD 1282 55.0525 1251 1251 55.2600 1246 54.9900 1282 55.2325 36 55.1525 2.89 USDINR 26-Feb-2013 1 USD 55.2875 55.4975 55.2650 55.4750 55.4025 USDINR 27-Mar-2013 1 USD 55.5275 55.7350 55.5025 55.7175 55.6600 www.epicresearch.co +919752199966
  • 4. DAILY USD/INR CHART ANALYSIS OPEN: 54.8225 HIGH: 54.8475 LOW: 54.7550 CLOSE: 54.8350  USD/INR LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  • 5. DAILY EUR/INR CHART ANALYSIS OPEN: 72.5350 HIGH: 72.6450 LOW: 72.4500 CLOSE: 72.5925  EUR/INR LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  • 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 1:15pm EUR French Consumer 0.0% -0.2% Spending m/m Tentative EUR Italian 10-y Bond Auction 4.45|1.2 8:15pm USD Chicago PMI 51.2 50.4 8:30pm USD Pending Home Sales m/m -0.3% 5.2% 9:30pm 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