DAILY FOREX REPORT 22ND APRIL 2013

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HEADLINES

Rupee extends gains post trade data; oil

demand supports

The rupee is trading higher at 54.08/09 versus its

previous close of 54.21/22 but off the day's low of 53.96

as some short-covering seen with importers like oil

firms stepping in to buy the dollar

Dollar dips against yen in Asian trade

The dollar dipped against the yen in Asian trade on

Thursday ahead of a two-day meeting of finance

ministers and central bank chiefs of the Group of 20

nations. The greenback fell to 98.08 yen, compared

with 99.19 in New York late Wednesday

RBI REFERENCE RATE

As on 18th APRIL 2013

UNDERLYING RATE

USDINR 54.3290

EURINR 71.0531

GBPINR 83.1723

JPYINR 55.7000

TRADING TIPS

SELL USD/INR

ABOVE 54.00 for

TGTS of

53.88/53.76

PAST

PERFORMANCE

BUY USD/INR

ABOVE 54.27 for

TGTS of

54.39/54.51

NOT EXECUTED

PRODUCT NAME

EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE CHANGE

CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61

CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99

GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46

JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68

KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76

PEPPER 7/19/2012 42300 42555 42250 42390 42435 45 0.11

REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2

SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28

TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66

WHEAT 7/19/2012 1251 1282 1251 1246 1282 36 2.89

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DAILY MARKET STATISTICS

Symbol Series/Expiry Unit Open High Low Close Prev. Close

EUR-INR 26-Apr-2013 1 EUR 71.1000 71.3800 70.9050 71.1975 71.0950

EUR-INR 29-May-2013 1 EUR 71.5000 71.7800 71.3050 71.6175 71.5125

GBP-INR 26-Apr-2013 1 GBP 82.9400 83.1425 82.5050 82.6925 82.9825

GBP-INR 29-May-2013 1 GBP 83.3525 83.5875 82.9450 83.1100 83.4250

JPY-INR 26-Apr-2013 100 JPY 55.2050 55.5975 54.7450 55.4875 55.4625

JPY-INR 29-May-2013 100 JPY 55.3350 55.9200 55.0900 55.7975 55.7675

USD-INR 26-Apr-2013 1 USD 54.1225 54.2725 53.7825 54.2275 54.2300

USD-INR 29-May-2013 1 USD 54.4825 54.5550 54.0750 54.5125 54.5500

USD-INR 26-Jun-2013 1 USD 54.7800 54.8650 54.3900 54.8200 54.8675

DAILY USD/INR CHART

ANALYSIS

OPEN: 54.1400

HIGH: 54.1900

LOW: 53.9200

CLOSE: 54.0000

USD/INR LOOKS UPWARDS

TREND: BULLISH

STRATEGY: BUY ON DIPS

DAILY EUR/INR CHART

ANALYSIS

OPEN: 70.6400

HIGH: 70.7100

LOW: 70.3600

CLOSE: 70.5400

EUR/INR LOOKS UPWARDS

TREND: BULLISH

STRATEGY: BUY ON DIPS

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FOREX FORTHCOMING DATA

TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS

10:00am USD Existing Home Sales 4.98M

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