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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gkpstar Says:
February 23rd, 2012
Posted at: 9:18 am
shall i short tata steel now now 472.75
AJ Says:
February 23rd, 2012
Posted at: 9:18 am
Can i short JET AIR now
CB Says:
February 23rd, 2012
Posted at: 9:19 am
Hi gkpstar, yes.
Hi AJ, in small quantity
Akash Says:
February 23rd, 2012
Posted at: 9:22 am
Hi CB, Entered Essar Oil at 70.5. Hold in itraday for target 75>
Akash Says:
February 23rd, 2012
Posted at: 9:23 am
Hi CB, Lovable is below 400. Hold or exit and buy something else?
CB Says:
February 23rd, 2012
Posted at: 9:24 am
Hi Akash, hold with sl at 68.50 for now.
CB Says:
February 23rd, 2012
Posted at: 9:26 am
Hi Akash, hold for now. dont add more yet.
lotus Says:
February 23rd, 2012
Posted at: 9:26 am
HI CB , shall i short tata steel? if yes what the level to exit from it? its at 467
CB Says:
February 23rd, 2012
Posted at: 9:28 am
Hi lotus, no, dont take a fresh short now.
sammy Says:
February 23rd, 2012
Posted at: 9:32 am
Hi CB
waz ur call on SBI will it fall again?
CB Says:
February 23rd, 2012
Posted at: 9:32 am
Hi sammy, yes, likely to correct again.
CB Says:
February 23rd, 2012
Posted at: 9:32 am
ill be back in 30 min.
gkpstar Says:
February 23rd, 2012
Posted at: 9:32 am
Booked profit it tata steel 466 :) thanks cb
gkpstar Says:
February 23rd, 2012
Posted at: 9:35 am
jutst now saw the tech analysis can we short jindal steel for intra day today
lotus Says:
February 23rd, 2012
Posted at: 9:35 am
cb sir, shall i buy gspl to accumulate?
rk Says:
February 23rd, 2012
Posted at: 9:36 am
Hi CB,
Can I buy TATAMOTORS 290 March CE?