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. CB Says:
    February 23rd, 2012
    Posted at: 4:57 pm

    Hi vinod, as of now seems like a flattish opening. ibpower is a good short/ med term bet . likely to do well

    Hi Kumar, no, dont enter these yet

    Hi gkpstar, no, dont add more yet

    Hi DJ, yes. likely to

    Hi ks, it does look good. an head upto 320 in coming days. hold for now

    Hi Ashok Singh, no, not sure of commodities.


  2. vinod Says:
    February 23rd, 2012
    Posted at: 4:58 pm

    thanks cb, have a good evening. bye


  3. CB Says:
    February 23rd, 2012
    Posted at: 5:53 pm

    Hi vinod, most welcome. you too have a good evening.


  4. SANJAY Says:
    February 23rd, 2012
    Posted at: 5:54 pm

    SIR I CARRYFORWARDED M & M 200QTY I WAS BUSY WHEN U SEND EXIT MASSAGE SIR IS IT WISE TO HOLD IT FOR FEW DAYS OR I SHOULD BOOK TOMM AS EARLY AS POSSIBLE


  5. Vipin Says:
    February 23rd, 2012
    Posted at: 5:54 pm

    Hi cb what happened to kartik?


  6. Vipin Says:
    February 23rd, 2012
    Posted at: 5:56 pm

    Hi cb how to register at your sms email trade tips can you give me instructions


  7. SANJAY Says:
    February 23rd, 2012
    Posted at: 6:12 pm

    sir i have lovable lin at 415 now it corrected much in last two days does it look weak or i should hold it


  8. sunny Says:
    February 23rd, 2012
    Posted at: 6:46 pm

    hi cb. long nifty at 5575 avg. whats ur view for tomorrow ?


  9. DJ Says:
    February 23rd, 2012
    Posted at: 6:56 pm

    Thx CB
    but u didnt give the dwn side tgt of Nifty & Tata steel buddy


  10. Rise Says:
    February 23rd, 2012
    Posted at: 7:08 pm

    sir holding bhel 336 and honda seil at 430.....how long shud i hold dem ???


  11. Kumar Says:
    February 23rd, 2012
    Posted at: 7:21 pm

    HI CB/Kartik, Whats Your view in ONGC and IFCI in Cash Market for 2 to 3 mth. Can i buy this or need to wait?


  12. Dinesh Kumar Says:
    February 23rd, 2012
    Posted at: 7:49 pm

    Thanks CB for ur great advice for this month..


  13. Kartik Says:
    February 23rd, 2012
    Posted at: 8:26 pm

    Hi SANJAY, hold it wiht a SL at 718, support at 720

    Hi Vipin, have been traveling for the past few days :), to register for the SMS alters, just fill in the above form (the one below today's intraday calls)

    Hi SANJAY, its seeing profit booking, keep a SL at 385 and hold it

    Hi sunny, hold it with a tight SL at 5460 for 1-2 days

    Hi Rise, if entered for Short term, hold them for another 2-3 months time

    Hi Kumar, wait for some time, Markets seem tos ee some profit booking


  14. DJ Says:
    February 23rd, 2012
    Posted at: 8:33 pm

    Kartik
    u missed mine...dwnside tgt of nifty and accordingly tatasteel's


  15. Kumar Says:
    February 23rd, 2012
    Posted at: 8:40 pm

    Ok, Thanks Kartik. Any thing look good @fut for 3 to 5 Rs. in Long or Short.


  16. Kartik Says:
    February 23rd, 2012
    Posted at: 8:47 pm

    Hi DJ, around 460 for Tatas teel, if nifty manages to break 5460 can see 5420

    Hi Kumar, Tata steel below 475 looks good for short

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