GAIL faces resistance around Rs 235:
``GAIL faces resistance around Rs 235. A move above this may see it moving up to around Rs 240-245. The scrip finds support around the Rs 205 level. One may use this level as the stop-loss level for long positions for the time being,'' the brokerage said.
Shree Renuka Sugars has resistance at Rs 88, says Anil Manghnani of Modern Shares & Stock Brokers.