Welcome to TFL!
Since you are "green" as a reloader, the answer to using those magnum primers will be a conditional "no". Unless the reloading recipe you are using calls for a magnum primer, stay with the standard primer or one specifically designated for .223.
As to the powder to use with those bullets you have on hand, you can use a recipe for a different manufacture bullet of the same composition, weight and bullet design to begin working up a load, beginning with the stated starting powder load and COL. As an example, a 55gr FMJBT made by Hornady, Speer, Sierra, Zero, Winchester, etc would all be so similar in composition and design that they can be interchanged when working up a load. Notice I said working up a load -if you change any components, you should start back at a reduced charge and work up. Remember also that jacketed load recipes are not interchangable with lead bullets (which I know you don't have at present).
It's always good to ask questions when starting reloading, and you're approaching it correctly. There's a wealth of information to be gained from members here.
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