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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Comment pages: 111213141516171819Show all

  1. CB Says:
    February 23rd, 2012
    Posted at: 1:36 pm

    Hi Das, continue to hold with sl at 5500 for now

    Hi DJ, yes. likely to

    Hi vipul, no, not yet.


  2. Akash Says:
    February 23rd, 2012
    Posted at: 1:37 pm

    Hi CB, I put sell order for LIC at 284. Will it hit that level in INtraday?


  3. gkpstar Says:
    February 23rd, 2012
    Posted at: 1:37 pm

    Sudden call on lic now :) has it corrected more? or any news? not moving up 255


  4. Akash Says:
    February 23rd, 2012
    Posted at: 1:39 pm

    Hi CB, Shud I buy some low priced (6300 or 6400 CE) for march to get 10-12 times return?


  5. ROHITR Says:
    February 23rd, 2012
    Posted at: 1:39 pm

    Hi CB, SIR CAN I BUY 5400PE NOW


  6. CB Says:
    February 23rd, 2012
    Posted at: 1:39 pm

    Hi ttsathya, below 204 it does look weak. can see 194

    Hi AKs, can test 258

    Hi Akash, ok. yes,can see it

    Hi gkpstar, yes

    Hi Dinesh Kumar, today seems nifty may remain a bit flat and volatile in a small range. in coming days nifty can test 5400

    Hi Sourabh, tata motors can see 273. lt around 1420

    Hi K. Asif, no, looks a bit weak.


  7. CB Says:
    February 23rd, 2012
    Posted at: 1:41 pm

    Hi Akash, no, not sure of 285

    Hi gkpstar, no news.. technically is near support levels

    Hi Akash, no, not yet

    Hi ROHITR, not yet. wait for some more time.


  8. K. Asif Says:
    February 23rd, 2012
    Posted at: 1:41 pm

    Thanks CB

    What is your view on Hindalco and Polaris


  9. nasrin Says:
    February 23rd, 2012
    Posted at: 1:41 pm

    Sir Any B.T.S.T call .... ?? target also...?


  10. CB Says:
    February 23rd, 2012
    Posted at: 1:42 pm

    Hi Akash, lets hope for the best

    Hi K. Asif, polaris has support at 153-155 levels. if holds onto it, can see 162 again. hindalco looks a bit weak below 152

    Hi nasrin, no, as of now none.


  11. HARI Says:
    February 23rd, 2012
    Posted at: 1:42 pm

    Hi CB, i lost 60% of my INVESTED AMOUNT IN JET AIRWAYS.
    wat can i do? book loss or wat for another two to three days


  12. CB Says:
    February 23rd, 2012
    Posted at: 1:43 pm

    Hi gkpstar, :)

    Hi HARI, sorry to hear that. in this case would advice to continue to hold onto it for short term. its a volatile stock. will recover back


  13. nasrin Says:
    February 23rd, 2012
    Posted at: 1:47 pm

    Wot should be the target on dishtv and apollo tyres


  14. Dinesh Kumar Says:
    February 23rd, 2012
    Posted at: 1:48 pm

    Can i buy CE 5500 at this stage...


  15. CB Says:
    February 23rd, 2012
    Posted at: 1:48 pm

    Hi nasrin, dishtv has strong support at 58 levels. can see a bounce upto 64 in coming days. apollo around 80


  16. CB Says:
    February 23rd, 2012
    Posted at: 1:49 pm

    Hi Dinesh Kumar, no, not sure yet.

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