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. GBPINR Chart, Levels and Charts Justification.
3. Technical outlook of GBPINR.
4. Near Team Outlook for Pound.

2. INDIAN FOREX DAILY NEWSLETTER
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FOREX TECHICAL REPORT……!!!!
03- SEPTEMBER-2013, TUESDAY

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RBI DAILY REFRENCE RATES
Trade Date 1 USD 1 GBP 1 EURO 100 YEN
02-Sep-2013 65.8608 102.5189 87.0575 66.8400
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

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GBP/INR DAILY TECHNICAL LEVELS
GBP/INR FOUR HOURLY CANDLESTICK CHART
S2 – 102.2125 S1 – 103.0250 PIVOT – 103.5850 R1 – 104.3975 R2 – 104.9575
TECHNICAL OUTLOOK:
GBP/INR (NSE/MCX-SX) has closed at the level of @103.8375. If GBP/INR sustains above the level of @104.00 then it
can touch the level of @104.37 and @105.39 respectively.

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NEAR TERM OUTLOOK FOR POUND:
GBP/ INR July futures contract (NSE) View: Bullish on GBP
Buy above 104.00 Market Lot: GBP 1000
Target: 104.37 / 105.39 Stop Loss: 103.25
Support: S1/ S2: 103.0250 / 102.2125 Resistance: R1/R2: 104.3975 / 104.9575

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