Technically, we need to wait till Nifty closes above the 200-DMA (11167) to gain positive strength. A close above the 200-DMA will open up for an upmove towards the level of 11,245, followed by 11,350. On the downside, the level of 10,980 level can be seen as a support level. Stocks in news: Bharti Airtel, Reliance Industries, SMS Pharmaceuticals, Sonata Software, Torrent Pharmaceuticals, Praj Industries, AIA Engineering, IRB Infrastructure, Indoco Remedies.