Daily Forex Report by www.epicresearch.co 26th February 2013

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips ,mcx gold tips

indore, India (prHWY.com) February 26, 2013 - HEADLINE
Rupee recovers from initial losses vs dollar, up 7 paise
The Indian rupee recovered from initial losses and was quoted higher by seven paise to 54.10 against the American Currency in the late morning trade on fresh selling of dollars by banks on the back of persistent capital inflows. The rupee resumed lower at 54.22 per dollar against the last weekend's level of 54.17 per dollar at the Interbank Foreign Exchange ( Forex) Market on some dollars demand from banks in view of firm dollar in overseas market. However, it recovered afterwards to 54.06 per dollar before quoting at 54.10 per dollar at 1040hrs.
TRADING TIPS

* BUY EUR/INR

ABOVE 71.53
FOR TGT 71.68/71.83
SL 54.33
PAST PERFORMANCE
* SELL USD/INR

BELOW 54.28
FOR TGT 54.13/54.98
SL 54.48
TARGET ACHIEVED

ANALYSIS
DAILY USD/INR CHART

OPEN: 54.3175
HIGH: 54.3175
LOW: 53.8675
CLOSE: 53.8925

* USD/INR LOOKS DOWNWARDRS
* TREND: BEARISH
* STRATEGY: SELL ON RISE

DAILY EUR/INR CHART
OPEN: 71.5375
HIGH: 71.6825
LOW: 71.5375
CLOSE: 71.5375

* EUR/INR LOOKS UPWARDS
* TREND: BULLISH
* STRATEGY: BUY ON DIPS

Option tips
Business analyst jobs
Mcx tips
Intraday tips
Intraday trading tips


Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. We provide services in equity, commodity and Forex market.

GET FREE TRIAL +91 731 6642300
Or mail us here: info@epicresearch.co Or visit our site that is http://www.epicresearch.co/
Or
http://www.epicresearch.co/images/past_performance/DAILY-FOREX-REPORT.pdf
###

Tag Words: business analyst jobs, mcx gold tips, mcx tips, commodity tips, share tips, forex tips

Categories: Business

Press Release Contact
411 Milinda Manor (Suites 409 - 417)
2 RNT Marg Opp Central Mall
Indore (M.P.)

Link To This Press Release:

URL HTML Code