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DAILY FOREX REPORT
                        24ND APRIL 2013




WWW.EPICRESEARCH.CO                        +919752199966
 HEADLINES


                              Yuan closes near record high; link to Asian
                              currencies in focus
                              Traders say client demand for the Chinese currency
                              has remained strong over the last two weeks, even
                              as the exchange rate has appreciated.
                              Mini Indian Rupee futures launched in
                              Dubai
                              The first of its kind to be introduced in the region and
       TRADING TIPS          outside of India, the mini contract is one-tenth the
                              size of the existing DGCX Indian Rupee futures
       BUY USD /INR          contract.

            ABOVE 54.32 for   Rupee keeping losses; down 23 paisa
                              against dollar
            TGTS of
                              The rupee was lower for a second successive
            54.42/54.60       session, trading at 54.37/38, versus the previous
                              close of 54.14/15.
       PAST
         PERFORMANCE                            RBI REFERENCE RATE
       BUY JPY /INR                            As on 23th APRIL 2013

            ABOVE 54.30 for                UNDERLYING              RATE

            TGTS of                           USDINR              54.2995

            54.42/54.60                       EURINR              70.8017

                                              GBPINR              82.8773
FULL TGT ACHIVE
                                              JPYINR               54.99




www.epicresearch.co                                        +919752199966
PRODUCT     EXP DATE        OPEN       HIGH       LOW         CLOSE          LTP      CHG     PERCENTAGE
 NAME                                                                                           CHANGE


                                   DAILY MARKET STATISTICS
 CHANA      7/19/2012       4556       4573       4525         4560        4532       -28        -0.61

                                                                                               Prev.
 Symbol     Series/Expiry      Unit
 CHILLI     7/19/2012       5060       5060 Open 5018 High 5120        Low
                                                                           5018    Close
                                                                                      -102       -1.99
                                                                                               Close


 EUR-INR
  GUR         26-Apr-2013
            7/19/2012       1188EUR
                              1        118871.10001178 71.3800
                                                             1183.5 70.9050
                                                                         1178      71.1975
                                                                                      -5.5    71.0950
                                                                                                 -0.46

 EUR-INR
 JEERA       29-May-2013
            7/19/2012          1 EUR 14960
                            14955        71.5000
                                               14650 71.7800
                                                          15052.5 71.3050
                                                                       14800       71.6175
                                                                                     -252.5   71.5125
                                                                                                 -1.68

 GBP-INR
 KAPAS        26-Apr-2013
            7/19/2012       1044GBP
                              1        105382.94001035 83.1425
                                                             1049 82.5050
                                                                       1041        82.6925
                                                                                       -8     82.9825
                                                                                                 -0.76


 GBP-INR
 PEPPER      29-May-2013
            7/19/2012          1 GBP 42555
                            42300        83.3525
                                               42250 83.5875
                                                           42390 82.9450
                                                                      42435        83.1100
                                                                                       45     83.4250
                                                                                                 0.11


 JPY-INR
REF SOYA      26-Apr-2013
            7/19/2012       780.5 JPY 783.6
                              100         55.2050777.4 55.5975
                                                             782.85 54.7450
                                                                         781.3     55.4875
                                                                                      -1.55   55.4625
                                                                                                  -0.2


  JPY-INR
SOY BEAN     29-May-2013
            7/19/2012       4309 JPY 433055.3350
                             100               4265.555.9200
                                                           4303 55.0900
                                                                     4315          55.7975
                                                                                       12     55.7675
                                                                                                 0.28


  USD-INR
TURMERIC      26-Apr-2013
            7/19/2012       4600USD
                              1        467654.12254518 54.2725
                                                             4664 53.7825
                                                                       4540        54.2275
                                                                                      -124    54.2300
                                                                                                 -2.66


 USD-INR
 WHEAT      7/19/2012
             29-May-2013    1251USD
                              1        128254.48251251 54.5550
                                                             1246 54.0750
                                                                       1282            36
                                                                                   54.5125       2.89
                                                                                              54.5500



 USD-INR     26-Jun-2013      1 USD        54.7800       54.8650      54.3900      54.8200    54.8675




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


   54.2995




              ANALYSIS
              OPEN: 54.1400
              HIGH: 54.1900
              LOW: 53.9200
              CLOSE: 54.0000

                  USD/INR LOOKS UPWARDS
                  TREND: BULLISH

                  STRATEGY: BUY ON DIPS
 DAILY EUR/INR CHART




 ANALYSIS
OPEN: 70.6400
HIGH: 70.7100
LOW: 70.3600
CLOSE: 70.5400
    EUR/INR LOOKS UPWARDS
    TREND: BULLISH
    STRATEGY: BUY ON DIPS




www.epicresearch.co                           +919752199966
FOREX FORTHCOMING DATA

TIME             CURRENCY                       DATA                  ACTUAL        FORECAST        PREVIOUS

 10:00am               USD              Existing Home Sales                                            4.98M




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.

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Daily forex-report by epic research 24 april 2013

  • 1. DAILY FOREX REPORT 24ND APRIL 2013 WWW.EPICRESEARCH.CO +919752199966
  • 2.  HEADLINES Yuan closes near record high; link to Asian currencies in focus Traders say client demand for the Chinese currency has remained strong over the last two weeks, even as the exchange rate has appreciated. Mini Indian Rupee futures launched in Dubai The first of its kind to be introduced in the region and  TRADING TIPS outside of India, the mini contract is one-tenth the size of the existing DGCX Indian Rupee futures  BUY USD /INR contract. ABOVE 54.32 for Rupee keeping losses; down 23 paisa against dollar TGTS of The rupee was lower for a second successive 54.42/54.60 session, trading at 54.37/38, versus the previous close of 54.14/15.  PAST PERFORMANCE RBI REFERENCE RATE  BUY JPY /INR As on 23th APRIL 2013 ABOVE 54.30 for UNDERLYING RATE TGTS of USDINR 54.2995 54.42/54.60 EURINR 70.8017 GBPINR 82.8773 FULL TGT ACHIVE JPYINR 54.99 www.epicresearch.co +919752199966
  • 3. PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE DAILY MARKET STATISTICS CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 Prev. Symbol Series/Expiry Unit CHILLI 7/19/2012 5060 5060 Open 5018 High 5120 Low 5018 Close -102 -1.99 Close EUR-INR GUR 26-Apr-2013 7/19/2012 1188EUR 1 118871.10001178 71.3800 1183.5 70.9050 1178 71.1975 -5.5 71.0950 -0.46 EUR-INR JEERA 29-May-2013 7/19/2012 1 EUR 14960 14955 71.5000 14650 71.7800 15052.5 71.3050 14800 71.6175 -252.5 71.5125 -1.68 GBP-INR KAPAS 26-Apr-2013 7/19/2012 1044GBP 1 105382.94001035 83.1425 1049 82.5050 1041 82.6925 -8 82.9825 -0.76 GBP-INR PEPPER 29-May-2013 7/19/2012 1 GBP 42555 42300 83.3525 42250 83.5875 42390 82.9450 42435 83.1100 45 83.4250 0.11 JPY-INR REF SOYA 26-Apr-2013 7/19/2012 780.5 JPY 783.6 100 55.2050777.4 55.5975 782.85 54.7450 781.3 55.4875 -1.55 55.4625 -0.2 JPY-INR SOY BEAN 29-May-2013 7/19/2012 4309 JPY 433055.3350 100 4265.555.9200 4303 55.0900 4315 55.7975 12 55.7675 0.28 USD-INR TURMERIC 26-Apr-2013 7/19/2012 4600USD 1 467654.12254518 54.2725 4664 53.7825 4540 54.2275 -124 54.2300 -2.66 USD-INR WHEAT 7/19/2012 29-May-2013 1251USD 1 128254.48251251 54.5550 1246 54.0750 1282 36 54.5125 2.89 54.5500 USD-INR 26-Jun-2013 1 USD 54.7800 54.8650 54.3900 54.8200 54.8675 www.epicresearch.co +919752199966
  • 4.  DAILY USD/INR CHART  54.2995 ANALYSIS OPEN: 54.1400 HIGH: 54.1900 LOW: 53.9200 CLOSE: 54.0000  USD/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS
  • 5.  DAILY EUR/INR CHART ANALYSIS OPEN: 70.6400 HIGH: 70.7100 LOW: 70.3600 CLOSE: 70.5400  EUR/INR LOOKS UPWARDS  TREND: BULLISH  STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966
  • 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 10:00am USD Existing Home Sales 4.98M 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.