Quotes with Resistance & Support
Market Information

Intraday calls for 23-02-12

Posted on: February 23rd, 2012 at 8:34 am

Markets likely to see a flattish opening. Support for nifty is at 5420 and resistance at 5550.

Sell Tata steel 472-474, target: 465. Stoploss: 479. – (Book profit in Tata steel at 468)

1.27 pm – Buy LIC housing at 252, target: 260. Stoposs: 247 – (Book profit in LIC at 260)

2.11 pm – buy M&M at 735, target: 747. Stoploss: 725 – (Exit M&M at 733)

For a Technical view on Nifty, Axis bank, BHEL & Jindal steel – Click here

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357 Responses

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  1. shame Says:
    February 23rd, 2012
    Posted at: 8:36 am

    Hai CB good morning

    i am holding SBIN 2450 MAR call 80 shall i exit it r wait


  2. Pravin Says:
    February 23rd, 2012
    Posted at: 8:37 am

    Hi
    GM
    Everybody


  3. ttsathya Says:
    February 23rd, 2012
    Posted at: 8:42 am

    GM. Shall I short 1.Nifty Mar Fut. 2.HDIL Mar Fut 3. Tata St Mar Fut. Pl tell your Advice in order Pl


  4. CB Says:
    February 23rd, 2012
    Posted at: 8:44 am

    Hi shame, Good morning. yes, exit on a bounce today

    Hi Pravin, Good morning.


  5. CB Says:
    February 23rd, 2012
    Posted at: 8:45 am

    Hi ttsathya, Good morning. hdil is a hold for now. tata steel below 475 looks a bit weak. try and exit on a bounce today


  6. Imran Khan Says:
    February 23rd, 2012
    Posted at: 8:45 am

    GM CB,

    Should we buy 5500 Put option now for march series?

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