Stock picks for the week

SBI: FIRST BEARISH CANDLE OBSERVED IN INTRADAY CHARTS.USE DIPS TILL 1049 TO BUY.BEST BUY IS AROUND 1060 WITH A SL OF 1048 AND BEST SELL IS AT 1130 LEVELS WITH A SL AT 1145 LEVELS.THINGS TO WATCH IS THE INFLATION DATA.

INFOSYS TECHNOLOGIES:TRADERS CAN USE 1990 1985 LEVELS TO BUY AS WE EXPECT TO DOLLAR TO SHOW A DEAD CAT BOUNCE.THE STOP LOSS FOR THE ABOVE TRADE WILL BE AROUND 1945.BWLOW1945 IT WILL TOUCH ITS RECENT LOWS OF 1910.

TANLA: LAST RESISTANCE AT 454 LEVELS ABOVE THAT UNCHARTED TERRITORY.

RELIANCE CAPITAL: LAST SUPPORT AT 701 LEVELS BELOW THAT 670 IN DAYS.

BAJAJ AUTO : HUGE SUPPORTS AT 2420 2430 LEVELS .TRADERS CAN USE EVERY DIP TO ADD POSITIONS IN THE STOCK.

GRASIM: INTERMEDIATE UPTREND OVER .SHOULD CONSOILDATE AND MOVE TOWARDS 2200 ZONE IN COMING DAYS.

GTL: USE EVERY DIP TILL 172 ZONE TO BUY WITH A SL FOR A TARGET OF 200+ IN COMING DAYS.

RELIANCE : SHOULD TEST 1500 LEVELS IN COMING DAYS. TRADERS CAN ADD AT THAT POINT OF TIME.

GHCL: SHOULD MOVE TO 100 LEVELS IN COMING DAYS.

ACC: UPTREND OVER WILL CONSOLIDATE AROUND 800 LEVELS IN COMING DAYS.

AREVA T&D.: BUY ON ALL DIPS WITH A SL FOR A TARGET OF 1450+ IN COMING DAYS.

IFCI: WILL TRY AND REACH 43 LEVELS IN COMING DAYS.

IDBI: INTERMEDIATE UPTREND OVER KEEP A SL AT 81 FOR ALL LONGS.

GDL; BUY WITH A SL AT 167 FOR A TECHNICAL TARGET OF 190+ IN COMING DAYS.