Embed Size (px)
DESCRIPTION
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.
Citation preview
www.epicresearch.co +919752199966
HEADLINES
Re touches 1-month high on BSP support to
govt on FDI
The rupee has touched a one-month high to closed at
54.134, on hopes of strong fund flows as the BSP lends
support to the government on the FDI issue in the Rajya
Sabha explains CNBC-TV18’s banking editor Latha
Venkatesh The single factor that guided the rupee was
the question of the enactment of the foreign direct
investment (FDI) in multi-brand retail. There is a direct
expectation of an inflow of dollars, even if it is not
immediate. The rupee also rose on opinion that the BSP
support to the government signals reform and therefore
the foreign institutional investor (FII) flows which have
been so good in the past few months will continue. The
rupee market needs those inflows much more because
the trade deficit in October was as high as USD 21
billion. So every month if you need USD 21 billion just
to bridge the difference between what importers are
buying and exporters are selling, then obviously you
need half a billion dollars a day, in fact almost a billion
dollars every trading day to bridge the deficit.
RBI REFERENCE RATE
As on 7TH December 2012
UNDERLYING RATE
USDINR 54.2018
EURINR 70.2175
GBPINR 86.9993
JPYINR 65.7700
TRADING TIPS
BUY USD/INR
ABOVE 54.75
FOR TGT 54.95/55.15 SL 54.55
PAST
PERFORMANCE
SELL USD/INR
BELOW 54.25
FOR TGT 54.05/53.85 SL 54.45 UNEXECUTED
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
www.epicresearch.co +919752199966
DAILY MARKET STATISTICS
Symbol Series/Expiry Unit Open High Low Close Prev. Close
EURINR 27-Dec-2012 1 EUR 70.5725 70.7350 70.3275 70.6475 70.9425
EURINR 29-Jan-2013 1 EUR 70.9500 71.0000 70.6175 70.8850 71.1925
GBPINR 27-Dec-2012 1 GBP 87.4225 87.7200 87.1000 87.6475 87.4500
GBPINR 29-Jan-2013 1 GBP 87.7150 88.0075 87.3425 87.9350 87.7450
JPYINR 27-Dec-2012 100 JPY 65.8525 66.4400 65.7425 66.3850 65.8525
JPYINR 29-Jan-2013 100 JPY 66.5000 66.6800 65.9150 66.6375 66.0875
USDINR 27-Dec-2012 1USD 54.3500 54.7650 54.2725 54.7075 54.2925
USDINR 29-Jan-2013 1 USD 54.6100 55.0075 54.5250 54.9625 54.5525
USDINR 26-Feb-2013 1 USD 54.8750 55.2400 54.7575 55.1900 54.7750
DAILY USD/INR CHART
ANALYSIS
OPEN: 54.4325
HIGH: 54.7575
LOW: 54.2725
CLOSE: 54.7075
USD/INR LOOKS SIDEWAYS
TREND: CONSOLIDATED
STRATEGY: BUY ON DIPS
www.epicresearch.co +919752199966
DAILY EUR/INR CHART
ANALYSIS
OPEN: 70.5975
HIGH: 70.7350
LOW: 70.3275
CLOSE: 70.6475
EUR/INR LOOKS SIDEWAYS
TREND: CONSOLIDATED
STRATEGY: BUY ON DIPS
www.epicresearch.co +919752199966
FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
Tentative CNY Trade Balance 32.0B
1:15pm EUR French Industrial
Production m/m
-2.7%
2:30pm EUR Italian Industrial
Production m/m
-1.5%
3:00pm EUR Sentix Investor Confidence -18.8
10:45pm GBP BOE Gov King Speaks
www.epicresearch.co +919752199966
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.
