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DAILY FOREX REPORT
                      7TH NOVEMBER 2012




WWW.EPICRESEARCH.CO                        +919752199966
 HEADLINES
                          Rupee off lows as exporters step in to sell
                          dollars

                          The rupee traded at 54.63/64 little changed from its
                          previous close of 54.60/61 as exporters step in to sell
                          dollars after the pair hits new one-and-half months high
                          earlier in the session. The rupee had fallen as low as as
                          54.7850, its weakest since September 14 as the dollar
                          gained on the back of sharp losses in the euro. Traders
                          now expect rangebound trading in dollar until the
                          results of the US presidential elections are announced.
      TRADING TIPS       The pair is expected to hold between 54.50-54.80
                          during this session with movements in domestic shares
      SELL USD/INR       also being watched for direction.
       ABOVE 54.70
       FOR TGT
       54.50/54.30
       SL 54.90                        RBI REFERENCE RATE
                                       As on 6TH November 2012
      PAST
       PERFORMANCE                  UNDERLYING                 RATE
     • BUY USD/INR                   USDINR                   54.5955
       ABOVE 54.18                   EURINR                   69.8635
       FOR TGT                       GBPINR                   87.3091
       54.38/54.58
                                      JPYINR                  68.1900
       SL 53.98
       Target Achieved


www.epicresearch.co                                +919752199966
DAILY MARKET STATISTICS

PRODUCT     EXP DATE       OPEN       HIGH         LOW            CLOSE           LTP        CHG     PERCENTAGE
 NAME                                                                                                  CHANGE
                                                                                                     Prev.
 Symbol    Series/Expiry     Unit         Open             High             Low           Close
                                                                                                     Close
 CHANA     7/19/2012       4556       4573       4525        4560       4532     -28                     -0.61
 EURINR    27-Nov-2012       1 EUR       70.2150     70.2900      69.8050    69.9250                 70.1750
 CHILLI    7/19/2012       5060       5060         5018            5120           5018       -102        -1.99
 EURINR    27-Dec-2012       1 EUR       70.5150       70.5500            70.1425         70.2150    70.4875
  GUR      7/19/2012       1188       1188         1178           1183.5          1178        -5.5       -0.46
 GBPINR    27-Nov-2012       1 GBP       87.6675       87.8425            87.2500         87.3200    87.6200
 JEERA     7/19/2012       14955      14960      14650            15052.5      14800        -252.5       -1.68
 GBPINR    27-Dec-2012       1 GBP       88.1000       88.1000            87.5600         87.6600    87.9475
 KAPAS     7/19/2012       1044       1053         1035            1049           1041        -8         -0.76
 JPYINR    27-Nov-2012      100 JPY      68.3825       68.5700            68.0000         68.1575    68.2875
 PEPPER    7/19/2012       42300      42555      42250            42390        42435          45         0.11
 JPYINR    27-Dec-2012      100 JPY      68.7025       68.7500            68.2100         68.3750    68.4925
REF SOYA   7/19/2012       780.5      783.6        777.4          782.85          781.3      -1.55       -0.2
 USDINR    27-Nov-2012       1USD        54.9350       55.0200            54.6225         54.7150    54.8725
SOY BEAN   7/19/2012       4309       4330       4265.5            4303           4315        12         0.28
 USDINR    27-Dec-2012       1 USD       55.1000       55.2650            54.8800         54.9675    55.1425
TURMERIC   7/19/2012       4600       4676         4518            4664           4540       -124        -2.66
 USDINR    29-Jan-2013       1 USD       55.3550     55.4975      55.1250    55.1850                 55.3450
 WHEAT     7/19/2012       1251       1282       1251        1246       1282      36                     2.89




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




ANALYSIS
OPEN: 54.9300
HIGH: 55.0125
LOW: 54.6250
CLOSE: 54.7150

    USD/INR LOOKS DOWNWARDS
    TREND: BEARISH

    STRATEGY: SELL ON RISE




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




ANALYSIS
OPEN: 70.2150
HIGH: 70.2900
LOW: 69.8225
CLOSE: 69.9250

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




       www.epicresearch.co                          +919752199966
FOREX FORTHCOMING DATA

    TIME               CURRENCY                     DATA                  ACTUAL        FORECAST          PREVIOUS
  3:30pm                 EUR                 Retail Sales m/m                               0.0%              0.1%

  4:30pm                 EUR                 German Industrial                              -0.4%            -0.5%
                                              Production m/m

  9:00pm                 USD               Crude Oil Inventories                                             -2.0M

  11:30pm                USD                 10-y Bond Auction                                              1.70|3.3




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.
        www.epicresearch.co                                                              +919752199966
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

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DAILY FOREX REPORT BY EPIC RESEARCH- 7 NOVEMBER 2012

  • 1. DAILY FOREX REPORT 7TH NOVEMBER 2012 WWW.EPICRESEARCH.CO +919752199966
  • 2.  HEADLINES Rupee off lows as exporters step in to sell dollars The rupee traded at 54.63/64 little changed from its previous close of 54.60/61 as exporters step in to sell dollars after the pair hits new one-and-half months high earlier in the session. The rupee had fallen as low as as 54.7850, its weakest since September 14 as the dollar gained on the back of sharp losses in the euro. Traders now expect rangebound trading in dollar until the results of the US presidential elections are announced.  TRADING TIPS The pair is expected to hold between 54.50-54.80 during this session with movements in domestic shares  SELL USD/INR also being watched for direction. ABOVE 54.70 FOR TGT 54.50/54.30 SL 54.90 RBI REFERENCE RATE As on 6TH November 2012  PAST PERFORMANCE UNDERLYING RATE • BUY USD/INR USDINR 54.5955 ABOVE 54.18 EURINR 69.8635 FOR TGT GBPINR 87.3091 54.38/54.58 JPYINR 68.1900 SL 53.98 Target Achieved www.epicresearch.co +919752199966
  • 3. DAILY MARKET STATISTICS PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE Prev. Symbol Series/Expiry Unit Open High Low Close Close CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 EURINR 27-Nov-2012 1 EUR 70.2150 70.2900 69.8050 69.9250 70.1750 CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 EURINR 27-Dec-2012 1 EUR 70.5150 70.5500 70.1425 70.2150 70.4875 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 GBPINR 27-Nov-2012 1 GBP 87.6675 87.8425 87.2500 87.3200 87.6200 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 27-Dec-2012 1 GBP 88.1000 88.1000 87.5600 87.6600 87.9475 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 JPYINR 27-Nov-2012 100 JPY 68.3825 68.5700 68.0000 68.1575 68.2875 PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11 JPYINR 27-Dec-2012 100 JPY 68.7025 68.7500 68.2100 68.3750 68.4925 REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 USDINR 27-Nov-2012 1USD 54.9350 55.0200 54.6225 54.7150 54.8725 SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 USDINR 27-Dec-2012 1 USD 55.1000 55.2650 54.8800 54.9675 55.1425 TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR 29-Jan-2013 1 USD 55.3550 55.4975 55.1250 55.1850 55.3450 WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89 www.epicresearch.co +919752199966
  • 4. DAILY USD/INR CHART ANALYSIS OPEN: 54.9300 HIGH: 55.0125 LOW: 54.6250 CLOSE: 54.7150  USD/INR LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  • 5. DAILY EUR/INR CHART ANALYSIS OPEN: 70.2150 HIGH: 70.2900 LOW: 69.8225 CLOSE: 69.9250  EUR/INR LOOKS DOWNWARDS  TREND: BEARISH  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  • 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 3:30pm EUR Retail Sales m/m 0.0% 0.1% 4:30pm EUR German Industrial -0.4% -0.5% Production m/m 9:00pm USD Crude Oil Inventories -2.0M 11:30pm USD 10-y Bond Auction 1.70|3.3 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. www.epicresearch.co +919752199966 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