Resistance for Nifty at 9660-9713; buy Avenue Supermarts: Prakash Gaba

Nifty (9625)

Support: 9580-9540

Resistance: 9660-9713

Bank Nifty (23425)

Support: 23250

Resistance: 23600

Avenue Supermarts: Breakout

Target: Rs 760

Stop loss: Rs 737

Escorts: Momentum Pull

Target: Rs 715

Stop loss: Rs 683

GSFC: Breakout

Target: Rs 137

Stop loss: Rs 127

Kajaria Ceramics: Base Foramtion

Target: Rs 730

Stop loss: Rs 680

"It looks like there is some kind of base formation in PVR. The only thing is it needs to confirm it. If PVR crosses Rs 1520 on the upper side then I can say the upmove is on. So far it looks reactive in nature. If it breaks Rs 1440, it is down. So I would avoid it."

"Looks like a good base formation is in L&T Finance Holdings. It has shown its head up; possible target on the upside could be in the vicinity of Rs 132, keep a stop loss below Rs 125 and trade long."