The immediate resistance is placed around the level of 11,467, which is the 50-DMA for the Nifty, followed by the 11,550 level. On the downside, the level of 11,300 is likely to act as a support level for the Nifty, followed by the 100-DMA, which is placed around 11,142. Stocks in news: Cipla, Saregama, Welspun Enterprises, Godrej Industries, Bharti Airtel, Alkem Laboratories, Sundaram Clayton, TRF.