If the RSI move above the 63 levels and the Nifty closes above the 12,150 mark, the next target on the upside will be about 12,300 in the short term. On the downside, 11,980 is an immediate support level followed by a major support level, placed at 11,800 mark. Stocks in news: Granules, PNB, United Breweries, Sun Pharmaceutical, Reliance Industries, Adani Transmission, Ashiana Housing.