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DAILY FOREX REPORT 12 TH DECEMBER 2012 WWW.EPICRESEARCH.CO +919752199966

Daily forex-report by epic research 12 dec 2012

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Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.

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Page 1: Daily forex-report by epic research 12 dec 2012

DAILY FOREX REPORT 12TH DECEMBER 2012

WWW.EPICRESEARCH.CO +919752199966

Page 2: Daily forex-report by epic research 12 dec 2012

www.epicresearch.co +919752199966

HEADLINES

Rupee trims initial gains vs dollar, still up by

14 paise

Moving in line with the equity market, the rupee

trimmed its initial gains but was still quoted higher by

14 paise to 54.34 against the dollar in the late morning

trade on fresh selling of dollars by banks and exporters

due to lower dollar in overseas. Persistent capital

inflows from foreign funds into the equity market also

boosted the rupee value against the dollar.

Rupee falls on oil demand; Bharti Infratel

inflows watched

Rupee fell marginally on Monday on continued dollar

demand from oil importers, but the losses were capped

by expectations of inflows from a spate of share sales.

BhartiBSE -1.16 % Infratel, the telecommunications

tower unit of top Indian phone carrier Bharti Airtel

LtdBSE -1.16 %, is set to raise up to $825 million in

what would be the country's biggest initial share

offering in two years.

RBI REFERENCE RATE

As on 11TH December 2012

UNDERLYING RATE

USDINR 54.3160

EURINR 70.3615

GBPINR 87.3619

JPYINR 65.9800

TRADING TIPS

BUY USD/INR

ABOVE 54.50

FOR TGT 54.65/54.80 SL 54.30

PAST

PERFORMANCE

BUY USD/INR

ABOVE 54.73

FOR TGT 54.85/54.97 SL 54.55 UNEXECUTED

Page 3: Daily forex-report by epic research 12 dec 2012

PRODUCT NAME

EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE CHANGE

CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61

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

JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68

KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76

PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11

REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2

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

TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66

WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89

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DAILY MARKET STATISTICS

Symbol Series/Expiry Unit Open High Low Close Prev. Close

EURINR 27-Dec-2012 1 EUR 70.5150 70.6600 70.3600 70.5950 70.5900

EURINR 29-Jan-2013 1 EUR 70.8700 70.9100 70.6500 70.8450 70.8400

GBPINR 27-Dec-2012 1 GBP 87.6825 87.7700 87.4800 87.5550 87.7150

GBPINR 29-Jan-2013 1 GBP 88.0000 88.0500 87.7800 87.8525 88.0300

JPYINR 27-Dec-2012 100 JPY 66.3000 66.3000 65.9475 65.9975 66.5275

JPYINR 29-Jan-2013 100 JPY 66.4425 66.4950 66.2175 66.2575 66.7400

USDINR 27-Dec-2012 1USD 54.6100 54.6275 54.4175 54.4775 54.6875

USDINR 29-Jan-2013 1 USD 54.8125 54.8725 54.6700 54.7300 54.9375

USDINR 26-Feb-2013 1 USD 55.0725 55.0975 54.9125 54.9675 55.1775

Page 4: Daily forex-report by epic research 12 dec 2012

DAILY USD/INR CHART

ANALYSIS

OPEN: 54.5875

HIGH: 54.6250

LOW: 54.4175

CLOSE: 54.4775

USD/INR LOOKS SIDEWAYS

TREND: CONSOLIDATED

STRATEGY: BUY ON DIPS

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Page 5: Daily forex-report by epic research 12 dec 2012

DAILY EUR/INR CHART

ANALYSIS

OPEN: 70.5050

HIGH: 70.6600

LOW: 70.3700

CLOSE: 70.5950

EUR/INR LOOKS SIDEWAYS

TREND: CONSOLIDATED

STRATEGY: BUY ON DIPS

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Page 6: Daily forex-report by epic research 12 dec 2012

FOREX FORTHCOMING DATA

TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS

10:00am AUD RBA Gov Stevens Speaks

3:00pm GBP Claimant Count Change 5.9K 10.1K

7:00pm USD Import Prices m/m -0.4% 0.5%

9:00pm USD Crude Oil Inventories -2.6M -2.4M

11:00pm USD FOMC Statement

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