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. AJ Says:
    February 23rd, 2012
    Posted at: 8:58 am

    Hows SUNTV for intraday?


  2. gkpstar Says:
    February 23rd, 2012
    Posted at: 8:59 am

    Cb tata steel yesterday closed at 470.50 shall we short it once it moves up to 472 and above?


  3. AJ Says:
    February 23rd, 2012
    Posted at: 9:00 am

    Can i short BFUTIL ?


  4. Rameshb Says:
    February 23rd, 2012
    Posted at: 9:00 am

    Hi CB, holding uti bank at 1000. should i book profit or wait.


  5. Pravin Says:
    February 23rd, 2012
    Posted at: 9:00 am

    Hi cb i m holding 800 REI agro at 28 since two year can i add mOre now to average?


  6. Arun Says:
    February 23rd, 2012
    Posted at: 9:02 am

    Hi CB...

    yesterday i buy bombay dying@490 its going down... what i do..

    plz suggest me


  7. CB Says:
    February 23rd, 2012
    Posted at: 9:02 am

    Hi AJ, can test 336. bf can see 417

    Hi gkpstar, yes

    Hi Rameshb, yes, would advice to book partial for now

    Hi Pravin, will need to hold it a bit longer. dont avg yet.


  8. lotus Says:
    February 23rd, 2012
    Posted at: 9:03 am

    goodmorning cb sir, can i buy guj gas or tata communications for intraday?


  9. ROHITR Says:
    February 23rd, 2012
    Posted at: 9:03 am

    Hi Pravin, GM SIR, CAN I BUY 5400PE AND 5600CE (Mar) TODAY


  10. Das Says:
    February 23rd, 2012
    Posted at: 9:03 am

    can we buy 5500PE?


  11. AJ Says:
    February 23rd, 2012
    Posted at: 9:03 am

    holding UFLEX since 2 weeks....its not moving up at all ...what do u suggest?


  12. Rameshb Says:
    February 23rd, 2012
    Posted at: 9:03 am

    HI CB HOLDING SHORT FUTURES AT 5521. SHOULD I EXIT JUST AFTER OPENING, PL SUGGEST TARGET.


  13. shiva Says:
    February 23rd, 2012
    Posted at: 9:04 am

    VIp @ 124 and unitech likely to recover?? need to book loss?


  14. Arun Says:
    February 23rd, 2012
    Posted at: 9:04 am

    and also I buy NBventures @224 its also going down..
    plz suggest me..


  15. Karthikeyan Says:
    February 23rd, 2012
    Posted at: 9:04 am

    Dear CB / Karthik,

    I'm holding Adani Power 1000 @ 93, how it will be progress in coming days, probably short period say 7 days.

    Rgs,

    Karthik


  16. SS Says:
    February 23rd, 2012
    Posted at: 9:06 am

    Hi CB,
    GM,Can we enter sesagoa and kotak for long?

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