Daily forex report_24_feb_2014by epivresearch

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Published on February 24, 2014

Author: epicresearchsg

Source: slideshare.net


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INDIAN FOREX DAILY NEWSLETTER RBI DAILY REFRENCE RATES Trade Date 1 USD 1 GBP 1 EURO 100 YEN 21-Feb-2014 62.1618 103.4435 85.2685 60.6600 20-Feb-2014 62.2843 103.8404 85.6995 61.1700 18-Feb-2014 62.1220 103.9301 85.1680 60.5100 17-Feb-2014 61.9495 104.0194 84.9485 60.9700 14-Feb-2014 62.2770 103.6663 85.1755 61.2200 13-Feb-2014 62.2725 103.4658 84.8710 61.0200 12-Feb-2014 62.1250 102.2515 84.7215 60.6000 11-Feb-2014 62.4390 102.4811 85.2813 61.0100 10-Feb-2014 62.1930 102.1396 84.7418 60.7400 07-Feb-2014 62.3155 101.7768 84.6830 61.0100 2|Page WWW.EPICRESEARCH.CO CALL: +917316642300

INDIAN FOREX DAILY NEWSLETTER USD/INR DAILY TECHNICAL LEVELS USD/INR DAILY CANDLESTICK CHART S2 – 61.9700 S1 – 62.0400 PIVOT – 62.1300 R1 – 62.2000 R2 – 62.2900 TECHNICAL OUTLOOK: USD/INR (NSE/MCX-SX) has closed @ 62.1100. If USD/INR breaks the level of @ 62.02 then it can touch the level of @ 61.89 and @ 61.75 respectively. 3|Page WWW.EPICRESEARCH.CO CALL: +917316642300

INDIAN FOREX DAILY NEWSLETTER NEAR TERM OUTLOOK FOR DOLLAR: USD / INR Feb. futures contract (NSE) Sell below View : Bearish on USD 62.02 Target : 61.89 / Market Lot : 61.75 Support: S1/ S2 : 62.0400 / 61.9700 Stop Loss : USD 1000 62.31 Resistance : R1/R2 : 62.2000 / 62.2900 4|Page WWW.EPICRESEARCH.CO CALL: +917316642300

INDIAN FOREX DAILY NEWSLETTER 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. Research Analyst : Nilesh Jain 5|Page WWW.EPICRESEARCH.CO CALL: +917316642300

INDIAN FOREX DAILY NEWSLETTER CONTACT US: WWW.EPICRESEARCH.CO Epic Research Private Limited Corporate Office 411 Milinda Manor (Suites 409 - 417) 2 RNT MargOpp Central Mall Indore (M.P.) Hotline: +91 731 664 2300 / 2427 / 2230 Alternate: +91 731 664 2320 / 2226 +91 97521 99966 Or give us a missed call at 026 5309 0639 6|Page WWW.EPICRESEARCH.CO CALL: +917316642300

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