Quotes with Resistance & Support
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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: 131415161718192021Show all

  1. Kb Trader Says:
    February 23rd, 2012
    Posted at: 2:04 pm

    heyyyyyyyyyyyyy cbbbbbbbbbbbbb


  2. Das Says:
    February 23rd, 2012
    Posted at: 2:04 pm

    at what time 5500 CE/PE option price becomes 0


  3. CB Says:
    February 23rd, 2012
    Posted at: 2:05 pm

    Hi Sourabh, it can test 745

    Hi vinod, most welcome

    Hi Dinesh Kumar, since its feb series it will be very volatile today. lets hold for some more time

    Hi sudhir, M&M looks good.


  4. CB Says:
    February 23rd, 2012
    Posted at: 2:06 pm

    Hi Akash, as of now no new call. looking for some

    Hi Kb Trader, Good afternoon

    Hi Das, 5500 may not become 0 as its in the money option as of now.


  5. CB Says:
    February 23rd, 2012
    Posted at: 2:06 pm

    ill be back in some time.


  6. test Says:
    February 23rd, 2012
    Posted at: 2:07 pm

    boos i ahve taken nifty put at yeserday closing level...wht level iacn exit.....
    i exited today morning i booked loss in FCH at 132..purchased earlier at 153...shall i cover/renter today..


  7. ginkle Says:
    February 23rd, 2012
    Posted at: 2:07 pm

    Hi CB, shorted Dlf at 234 whats your view on that for march series?


  8. Kb Trader Says:
    February 23rd, 2012
    Posted at: 2:08 pm

    Hi CB, Good afternoon


  9. CB Says:
    February 23rd, 2012
    Posted at: 2:11 pm

    buy M&M at 735, target: 747. Stoploss: 725


  10. CB Says:
    February 23rd, 2012
    Posted at: 2:12 pm

    Hi test, yes, cover it back.

    Hi ginkle, it does look a bit weak. can test 228


  11. CB Says:
    February 23rd, 2012
    Posted at: 2:12 pm

    ill be back in some time..


  12. High hopes Says:
    February 23rd, 2012
    Posted at: 2:20 pm

    High hopes Says:
    February 23rd, 2012
    Posted at: 11:18 am

    Nifty will recover all the 100pts it lost yesterday


    Gave this when there was no signs of any recovery..........


  13. Amit Says:
    February 23rd, 2012
    Posted at: 2:21 pm

    CB,Can I buy M&M Now ?


  14. g Says:
    February 23rd, 2012
    Posted at: 2:24 pm

    Hi High hopes, congrats for that


  15. shiva Says:
    February 23rd, 2012
    Posted at: 2:25 pm

    CB..when will VIP see 125 again?? in 6 months?


  16. Ankit Says:
    February 23rd, 2012
    Posted at: 2:29 pm

    View on BGR energy ? shud i buy at current levels..also shud i short HDIL..

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