Intraday calls for 23-02-12

Quotes with Resistance & Support

Market Information

Intraday calls for 23-02-12

Posted on: February 23rd, 2012 at 8:34 am

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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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Arun Says:
February 23rd, 2012
Posted at: 9:06 am
Hi CB..
and also I buy NBventures @224 its also going down..
plz suggest me.
CB Says:
February 23rd, 2012
Posted at: 9:07 am
Hi lotus, no, dont enter these yet
Hi Das, can enter on a small bounce
Hi AJ, its a hold for now. keep sl near 127
Hi Rameshb, these are a hold for now
Hi shiva, will need to hold a bit longer
Hi Arun, no, not sure about this one yet
Hi Karthikeyan, its looking good. hold it for 2-3 weeks. can see 100
wajeed Says:
February 23rd, 2012
Posted at: 9:07 am
hi cb can i enter in KFA for intraday pls suggest thanks
lotus Says:
February 23rd, 2012
Posted at: 9:07 am
cb sir, can i buy guj gas or tata communications for intraday?
CB Says:
February 23rd, 2012
Posted at: 9:08 am
Hi SS, no, not yet
Hi wajeed, no. its best to stay away from it for now
Hi lotus, no, dont enter these yet.
Arun Says:
February 23rd, 2012
Posted at: 9:09 am
Hi CB...
yesterday i buy bombay dying@490 its going down... what i do..
plz suggest me...
Akash Says:
February 23rd, 2012
Posted at: 9:09 am
Hi CB, GM. Shud I buy Sea TV in INtraday in Cash?
prashanth Says:
February 23rd, 2012
Posted at: 9:09 am
can we short dlf today.
ganesh Says:
February 23rd, 2012
Posted at: 9:10 am
Hi CB, Can I buy Suntv for intraday above 332. if yes what is the target and sl.
ROHITR Says:
February 23rd, 2012
Posted at: 9:11 am
Hi CB, GM SIR, CAN I BUY 5400PE AND 5600CE (Mar) TODAY
CB Says:
February 23rd, 2012
Posted at: 9:12 am
Hi Arun, it has good support at 445-450. can see some bounce from here
Hi prashanth, no, dont go short on it yet

Hi Akash, no, not sure about it
Hi ganesh, yes. can see 337
Hi ROHITR, can go with a pe on rise for now.
AJ Says:
February 23rd, 2012
Posted at: 9:13 am
GITANJALI GEMS for intraday?
ganesh Says:
February 23rd, 2012
Posted at: 9:14 am
Hi CB, thank you
Akash Says:
February 23rd, 2012
Posted at: 9:14 am
Hi CB, Ok. Then buy TAta Comm? Or Essar?
CB Says:
February 23rd, 2012
Posted at: 9:16 am
Hi AJ, no, not sure about it
Hi ganesh, most welcome.
CB Says:
February 23rd, 2012
Posted at: 9:16 am
Hi Akash, no. dont enter these yet.