As long as Nifty (spot) does not close below 11,550, there are chances of a sharper bounce. At the same time, 11,710 will work as resistance for the next few days. Stocks in news: Lumax Auto Technologies, Pasupati Acrylon, Jet Airways, Prabhat Diary, Narayana Hrdayalaya, Sterlite Technologies, Lumax Industries.