Trifid Research has provided daily and weekly market report with great accuracy in all segments such as stock, commodity and currency. This is more reliable and beneficial to all traders.

1. 06 APR – 10 APR 2015
W E E K L Y
R
E
P
O
R
T
Buy on fear, sell on greed.
Buy on the rumor, sell on the news.
The trend is your friend.
Amateurs want to be right.
Professionals want to make money.
WWW.TRIFIDRESEARCH.COM

2. REFERENCE RATE
(USD)
62.5908
REPO RATE 7.50%
REVERSE REPO 6.50%
CRR 4%
INFLATION -2.06%
KEY RATESAs on 31/03/2015
MARKET EVENTS MARKET OUTLOOK
Indian Rupee ended on a positive
note although it was a short trading
week for currency as per consecutive
Public holidays. It recovered on last
trading session of the week and
finally ended on positive note on last
session of the fiscal year with rise of
approx 18 paise as per sell off dollars
by Banks and Exporters on view with
recommencement of foreign capital
inflows into domestic markets. Dollar
Index was recorded higher by 0.49%
against its six major rivals in Asian
trade. In coming week, volatility can
be affected as per decisions made by
RBI in its Monetary Policy on 7th
April.
Rupee bounces back by 18
paise vs dollar, ends at 62.49.
Eurozone PMI at ten-month
high.
Sterling lower despite upbeat
U.K. manufacturing PMI.
Euro down more than 1% on
Greece woes.
UK factory PMI rises to eight-
month high in March.
CURRENCIES
PREVIOUS
RATE
CURRENT
RATE
% CHANGE
USDINR 62.9600 62.8300 -0.20
EURINR 68.2600 67.5325 -1.06
GBPINR 93.8300 93.0125 -0.87
JPYINR 52.7025 52.4375 -0.50

3. USDINR
EURINR
USDINR last week moved in the limited or short range with negative bias due to less number of
trading sessions. It rebounded from higher side as well as upper band of channel pattern. If it
sustains below 62.8000 then 62.5000 is seen as next support while 63.1000 may act as stiff
resistance. Volatility is expected due to RBI Monetary Policy in the coming week.
EURINR last week extended its bearishness after resisting strongly from the important resistance
of 68.9600. It found support at the trend line i.e. around 67.4000 and holding below it will further
enhance the selling pressure. Below 67.2000, it will find next major support near 66.0000 while
68.2000 may act as immediate resistance.

4. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 62.5000 62.2000 61.9000 63.1000 63.4000 63.7000
EURINR 67.1000 66.5000 65.9000 68.2000 68.7000 69.1000
GBPINR 92.6000 92.2000 91.8000 93.5000 94.0000 94.5000
JPYINR 52.0000 51.7000 51.4000 52.7000 53.1000 53.5000
PIVOT TABLE
DATE TIME COUNTRY EVENT
BLOOMBERG
ESTIMATE
PREVIOUS
LEVEL
06-APR-2015
7:30
PM
US
ISM Non
Manufacturing
PMI
- 56.9
07-APR-2015
11:00
AM
INDIA
RBI Monetary
Policy
Repo : 7.5%
Reverse Repo
: 6.5%
Repo : 7.5%
Reverse Repo
: 6.5%
08-APR-2015
11:30
PM
US
FOMC Meeting
minutes
- -
09-APR-2015
6:00
PM
US
Unemployment
Claims
- -
INTERNATIONAL UPDATES
 German Unemployment Falls To Record Low 6.4% on Economy.
 Italy Producer Price Index (YoY) increased to -2.6% in February
from previous -3.1%
 UK Manufacturing PMI hits 8-month high.

5. WWW.TRIFIDRESEARCH.COM
DISCLAIMER