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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  1. raja Says:
    February 23rd, 2012
    Posted at: 3:16 pm

    CB, tomorrow can we expect positive start in nifty?


  2. ravii Says:
    February 23rd, 2012
    Posted at: 3:16 pm

    Hello All,

    If global mkts +ve tonight..then nifty can see 5540 tomorrow.


  3. CB Says:
    February 23rd, 2012
    Posted at: 3:16 pm

    Hi sudhir, as of now seems like a flattish opening. global markets not doing much


  4. CB Says:
    February 23rd, 2012
    Posted at: 3:17 pm

    Hi raja, as of now seems like a flattish one. lets see how US markets close

    Hi ravii, yes.


  5. CB Says:
    February 23rd, 2012
    Posted at: 3:17 pm

    Hi RAMESHB, oh ok


  6. prashant Says:
    February 23rd, 2012
    Posted at: 3:18 pm

    helooo sir i bought m&m at 735 i have seen ur exit massage just can i hold it or u suggest to book it


  7. samiran Says:
    February 23rd, 2012
    Posted at: 3:18 pm

    hello cb btst any call


  8. sudhir Says:
    February 23rd, 2012
    Posted at: 3:18 pm

    Hi CB, IDFC up 3.50 rs today ? Can u give the technical status of the stock for short purpose?


  9. CA.Tejas Says:
    February 23rd, 2012
    Posted at: 3:18 pm

    Hi CB, Fundamental of both Manappuram & EId is Gud??


  10. Kb Trader Says:
    February 23rd, 2012
    Posted at: 3:19 pm

    Hi CB, watching expiry moves keenly... testing few things :DDDDDDDD


  11. CB Says:
    February 23rd, 2012
    Posted at: 3:19 pm

    Hi prashant, ok. hold till tomorrow

    Hi sudhir, overall is still overbought. could test 140 in coming days

    Hi CA.Tejas, yes.


  12. AKs Says:
    February 23rd, 2012
    Posted at: 3:20 pm

    CAN REC LTD bought at 212/- as BTST. Will it recover tomorrow??


  13. CB Says:
    February 23rd, 2012
    Posted at: 3:20 pm

    Hi Kb Trader, :)

    Hi AKs, no, dont enter it yet.


  14. AKs Says:
    February 23rd, 2012
    Posted at: 3:21 pm

    can jain irrigation be buy at arount 107/- for tomorrow?


  15. CB Says:
    February 23rd, 2012
    Posted at: 3:21 pm

    Hi AKs, enter in small quantity


  16. Kb Trader Says:
    February 23rd, 2012
    Posted at: 3:21 pm

    Hi CB, :)

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