Initiating Coverage Tata Investments ( Tata investment Corporation, 501301)

TATA INVESTMENT CORPORTATION

Tata Investment Corporation (TIC) is a non-banking financial company.

Earlier named the Investment Corporation of India, the company is primarily involved in investing in long-term investments such as equity shares and equity-related securities.

TIC was promoted by Tata Sons in 1937 and went public in 1959, when it became one of the few publicly held investment companies listed on the Mumbai Stock Exchange.

Areas of business


TIC, along with Tata Sons, promotes the Tata Mutual Fund. The company has built up a significant portfolio of investments.

Location


The company is located in Mumbai, India.

CHART LOOK

How do we plan to trade this :

We plan to make an entry at fibonacci confluence level of 430 - 420.

We will then hold for a target of 660 and 780.

We will use risk reward ratio of 1: 3 to arrive at stoploss.

We will also invest part of the corpus as long term investment for a target of 1350.

NEXT: Best trades of last week

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Best of last week

Weekly update


A short trade which yielded 130 points. Readers would have picked the high and low
of the week.


Link


Gold


A short trade which would have left readers with enormous profit.


Link


Nifty short again
    Readers who do day trading in nifty would have made superb money.


Link


A great week @ work for readers of JerryTechnicals.

Nifty Trading Plan 29-JUL-2010 Expiry day

NIFTY FUTURE

Readers who shorted nifty future as per yesterday's levels would have made good money.

Tomorrow is expiry day, and contrary to usual business nifty future might present

a nice oppurtunity to trade.

5400 is pivot level for tomorrow.

5430 will be strong resistance area and 5447 is breakout level.

Breakout targets are 5468, 5485 and 5510.

On the other hand support lies at 5365 tomorrow.

Break and trade below 5355 will invite all round selling and nifty could crash to 5340, 5325 and 5310 tomorrow.

NEXT: Shorting the nifty future

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Nifty Trading Plan 28-JUL-2010

NIFTY FUTURE

Nifty future will have have strong support at 5400 today.

Break and trade below 5386 will result in 5365, 5345 and 5320.

5435 is the pivot for nifty future today.

Resistance is around 5470 and 5482 will be breakout point.

Breakout targets are 5501, 5520 and 5545.

NEXT: Striking gold in gold

Striking gold in gold

GOLD FUTURE CRASHES .......

Readers who went short in gold at 1197 as per our weekly article would have

printed the almighty dollar as Gold crashes to first target of 1165

For those who missed the article the link to shall we say gold mine ?

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Nifty trading plan 27-Jul-2010

NIFTY FUTURE

Readers who traded short as per our weekly analysis would have printed the almighy dollar

as nifty reversed from our resistance area and crashed like 7 pins.

Those who missed this article can access it here

Nifty future will have strong support at 5392 tomorrow.

Trading below 5380 will invite trouble for bulls and index will correct to 5360, 5340 and 5320 tomorrow.

Nifty future pivot is placed at 5430 for tomorrow's trading.

Resisatance is placed at 5465 and breakout is above 5476.

Breakout targets at 5495, 5515 and 5540.

NEXT: WEEKLY GOLD OUTLOOK

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Weekly Analysis Gold continous contract

GOLD FUTURE

For the week ahead Gold future will have resistance at 1197$.

Above 1201, Gold will move to 1208 and 1215.

1182 is support level for gold.

1176 is break down level.

Break and trade below this level will lead to 1165, 1158 and 1145.

NEXT: NIFTY FUTURE WEEKLY OUTLOOK

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.

Weekly outlook Indian stock market

NIFTY FUTURE

Last week we had written that first support for nifty is at 5360 and reversal from this level

will take nifty future to 5467. Those who missed this post can read it here.

The low of nifty future was 5350 and high was 5476. It cannot get more precise than this.

For the coming week, 5467- 5476 will again act as huge resistance for nifty future.

Breakout targets are 5500, 5520 and 5548.

First support for nifty will be the pivot at 5430.

After this nifty could go into corrective mode and hit 5399.

Trading below 5385 could invite trouble for bulls and index will correct to 5365, 5345 and 5300.

NEXT: Bears crash the party

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.

NiftyTrading Plan 22-July-2010

The unstoppable bulls

Bulls were back in style today at dalal street taking nifty exactly to the resistance level

mentioned in this column.

For tomorrow, the crucial pivot level is placed at 5445.

5480 is the resistance level and 5490, the breakout level.

Breakout targets are 5510, 5530 and 5550.

Nifty should find support around the 5400 mark.

Trading below 5395 will invite selling and nifty will correct to 5380, 5360 and 5340.

Will it be a day on which bulls decide to have a field day or will bears crash the party ?

Let us wait and watch.

NEXT : ONLY BULLS ALLOWED

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Nifty Trading Plan 22 - July -2010

NIFTY FUTURE

The whole of yesterday was a colossal waste of time for nifty traders as it traded in a

a super narrow range. One of those days where not trading would have made money .

Fo today's trading in nifty future, 5400 is the central pivot level.

Support is placed around 5360 .

Break below 5355 will lead to 5335, 5315 and 5295.

Resistance is placed around 5440.

Trading above 5448 will take nifty future to 5470, 5490 and 5508.

NEXT: A rangebound day

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Nifty Trading Plan 21-July-2010

NIFTY FUTURE

We had written yesterday that short term indicators are in negative divergence mode and sure enough,

bulls decided to take to out some profit today. The index corrected exactly to support mentioned in this forum

at 5353.

For tomorrow, the all crucial pivot level is placed at 5370.

Reversal from this pivot level will take nifty future to 5336.

Crack below 5323 will take nifty future to 5303 and 5280 levels.

Resistance for tomorrow is placed at 5405 and breakout will be above 5417.

Targets for breakout will be 5435 and 5455.

NExT : A prediction of impending correction

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Nifty Trading Plan 20-July-2010

NIFTY FUTURE

Readers who followed our chart based sell of sunpharma would have printed the almighty dollar today

as it crashed to 2nd target of short within no time.

For tomorrow, nifty future's critical pivot level is 5389.

Support for nifty is placed at 5353 and below 5340 nifty will fall to 5320, 5300 and 5280.

Trading below 5280 could be detrimental for nifty as it can crash to 5245 and 5195.

Overhead resistance for nifty will come in at 5421 and above 5435 nifty will zoom to 5455, 5475 and 5490.

With the short term indicators in strong negative divergence mode, it remains to be seen, how long bulls can

keep the momentum going.

NEXT: THE GOLDEN SHORT

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

Stocks for coming week

Criteria for selection

Technical Analysis

Parameters used - RSI, STOC, MACD, OBV

Pivot Levels

Proprietary algorithm of JerryTechnicals

Weak stock for next week:

SUNPHARMA

PIVOT: 1745

Support: 1735

Breakdown:1729

BD targets :1710, 1698, 1680

Breakout :1760

BO targets: 1780, 1800

NEXT : NIFTY WEEKLY OUTLOOK

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.

Indian stock market weekly outlook

NIFTY WEEKLY OUTLOOK

Nifty has closed below weekly pivot level of 5400.

First support for nifty will come in at 5360 area.

Following are the support pivot levels for nifty for the coming week.

S2 : 5333

S3: 5312

S4: 5292

S5: 5258

Looking on the otherside, if nifty trades above the pivot level of 5400, it will move to 5440.

5467, 5487 and 5508 are further targets for nifty if the momentum favours bulls.

As usual we will be tracking nifty everyday here with our daily trading plan.

Next: Trading technique for rangebound days

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.

Nifty Trading Plan 16-July-2010

We are back after a small and sweet vacation.

For nifty future traders, pivot level will be 5383 today.

Above 5405, nifty future will move to 5425- 5435.

Support level is placed at 5357.

Below 5345 nifty future will move to 5325 and 5305.

It could be a tricky day for trading. The best trading strategy would be to use hourly

stochastic oscillator in combination with bollinger bands to take quick profits.

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.

It is vacation time

Hi folks,
     It is that time of the year again. (Vacation :-))
Off for 2 weeks.

We will be back on 15th July.

Ciao and Happy trading

jerrytechnicals@gmail.com

Nifty 01 July 2010

NIFTY FUTURE TRADING PLAN

Crucial support exists at 5260 region.

Breaking and trading below this level with volumes will take nifty future to 5235, 5215, 5195.

Reversal from support region will take nifty future to 5305.

Resistance region for nifty future is 5340.

Trading above 5350 with volumes, nifty future will move to 5380 and 5400.

NEXT: Nifty 30 June

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.