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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Comment pages: 456789101112Show all

  1. CB Says:
    February 23rd, 2012
    Posted at: 10:23 am

    Hi Kumar, yes. keep sl near 122 or hedge with a nifty call


  2. Akash Says:
    February 23rd, 2012
    Posted at: 10:23 am

    Hi CB, Still Holding Essar Oil. Hold for 75 target? Also, buy March 6300 CE?


  3. CB Says:
    February 23rd, 2012
    Posted at: 10:23 am

    Hi gaurav, its a hold. does look good technically. can see 665

    Hi sudhir, not yet. has some support near 235


  4. CB Says:
    February 23rd, 2012
    Posted at: 10:24 am

    Hi Akash, hold essar for now. dont enter a nifty ce yet.


  5. Kumar Says:
    February 23rd, 2012
    Posted at: 10:24 am

    CB its for March Fut


  6. CB Says:
    February 23rd, 2012
    Posted at: 10:25 am

    Hi Kumar, yes, can go with it.


  7. gaurav Says:
    February 23rd, 2012
    Posted at: 10:25 am

    ok..thank CB


  8. CB Says:
    February 23rd, 2012
    Posted at: 10:26 am

    Hi gaurav, most welcome.


  9. Ankur Says:
    February 23rd, 2012
    Posted at: 10:26 am

    CB, GMR infra bought at 32.5 for short term. CMP 28.5 shall i book loss or wait for recovery.


  10. vinod Says:
    February 23rd, 2012
    Posted at: 10:26 am

    Hi CB, Gud mrg, can i do intraday for IBPOWER buy at 16.6 and wil it touch 18 by end of day today.


  11. CB Says:
    February 23rd, 2012
    Posted at: 10:27 am

    Hi Ankur, continue to hold it for short term. its a good bet

    Hi vinod, Good morning. not yet. wait for some more time.


  12. ASHOK SINGH Says:
    February 23rd, 2012
    Posted at: 10:28 am

    what about LITl ?


  13. vinod Says:
    February 23rd, 2012
    Posted at: 10:28 am

    ok CB thank u


  14. Akash Says:
    February 23rd, 2012
    Posted at: 10:29 am

    Hi CB, Essar Oil target 75 is possible today?


  15. Vishal Says:
    February 23rd, 2012
    Posted at: 10:29 am

    Hi CB, Can i enter a 5400 PE for intraday ?


  16. sanjeeb Says:
    February 23rd, 2012
    Posted at: 10:30 am

    Gud Morning CB,

    Pls advice me abt buying Mar 5400 pe at CMP?

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