State Bank of India has been a major last week and thus as a strategy one can short this stock if it fails to move past the level of 2301 with volumes. In case it does not cross the given levels, than it can fall to the levels of 2000 and on higher side it can go upto 2490.
Tata Steel is going down due to its intermediate resistance seen at Rs 661 and thus one needs to keep an eye on this level because if stock is not able to move above this level than it can fall to the level of Rs 470. One can consider Rs 635-590 as support for the stock and Rs 665-680 as stiff resistance for the stock.
Infosys Technologies is likely to remain range bound between Rs 2,600 and Rs 2,900 for coming few more months. One can observe the level of Rs 2,693 regularly and can short the stock if this level is broken. However, if it is able to keep itself above this level, then it can rise toRs 2,725-2,825 levels.
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