The Budget Day high of 12,017 is likely to act as an immediate resistance for the index. Moving past this resistance zone is likely to help bulls reclaim its 20-DMA which currently stands at 12,140. On the downside, a support is seen at the opening upside gap area (11,783-11,750). Stocks in news: Reliance Industries, Cadila Healthcare, Teamlease Services, BEML, Sun Pharmaceutical.