1. INDIAN FOREX REPORT
EPIC Research Report
This Report contains all the study and strategy required by trader to
trade on INDIAN FOREX MARKET (NSE-FX AND MCX-SX). Refer to the
chart attracted in the Report to take proper Trading Decision.
Research Analyst: Nilesh Jain
INDEX WATCH:
1. RBI Reference Rate (USD/ GBP/ EURO/ YEN)
2. USDINR Chart, Levels and Charts Justification.
3. Technical outlook of USDINR.
4. Near Team Outlook for Rupee.

2. INDIAN FOREX DAILY NEWSLETTER
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FOREX TECHICAL REPORT……!!!!
02- SEPTEMBER-2013, MONDAY

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RBI DAILY REFRENCE RATES
Trade Date 1 USD 1 GBP 1 EURO 100 YEN
30-Aug-2013 66.5742 103.3431 88.1605 67.8300
29-Aug-2013 67.7060 105.1406 90.0295 69.2200
28-Aug-2013 68.3611 106.0281 91.4682 70.2500
27-Aug-2013 65.6675 102.1983 87.7460 66.9500
26-Aug-2013 64.2347 100.0070 85.9342 65.2100
23-Aug-2013 64.6880 100.7968 86.3035 65.3200
22-Aug-2013 65.4207 102.0955 87.3176 66.6200
21-Aug-2013 63.4605 99.4172 85.1205 65.0200
20-Aug-2013 63.7335 99.7875 85.0698 65.5100
19-Aug-2013 62.3461 97.3721 83.0686 63.8300

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USD/INR DAILY TECHNICAL LEVELS
USD/INR DAILY CANDLESTICK CHART
S2 – 65.6392 S1 – 66.1833 PIVOT – 67.0567 R1 – 67.6008 R2 – 68.4742
TECHNICAL OUTLOOK:
USD/INR (NSE/MCX-SX) has closed at the level of @66.7275. If USD/INR breaks the level of @66.40 then it can touch
the level of @65.58 and @64.59 respectively.

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NEAR TERM OUTLOOK FOR RUPEE:
USD/ INR July futures contract (NSE) View: Bearish on USD
Sell below 66.40 Market Lot: USD 1000
Target: 65.58 / 64.59 Stop Loss: 68.00
Support: S1/ S2: 66.1833 / 65.6392 Resistance: R1/R2: 67.6008 / 68.4742

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