RELIANCE(1286)
On Friday it showed some strength after remaining in a narrow band in spite of some big moves on Nifty earlier in the week. However, it is faced with resistance at 1325. Once past this one then another resistance is at 1400 area.
Go short if fails to move past 1325. But no big buying is recommended in this stock for the moment. On declines it could hold 1200. But a decline below this level would drag it towards 1000 levels again.

INFOSYS(1132)
It needs to move past 1200 to target 1300. Then it would need to surpass 1300 to get to 1400. Short term trend is sideways and the medium term trend is down. In such a scenario, it is advisable to go for long straddle at strike 1200 if it manages to reach there. The upper targets are mentioned above and the lower target would be 1000 area where long term buying could emerge.

SBI(1332)
It is in a strong short term uptrend. But would require to surpass the resistance band between 1380 and 1425. Go long only on a close above this band. Otherwise, look for an opportunity on a decline to 1200 with stop at 1190 or final stop at 1100. It is among the best buy on decline and could lead the rallies in future if manages to hold 1000 on bigger declines.