In the short term, 11,700-11,720 is a very crucial support level for the index. On the flip side, a follow-through strength above the prior week high of 11,945 would lead to an acceleration of upward momentum towards the level of 12,103 in the short term. Stocks in news: Edelweiss Financial Services, Reliance Capital, Coal India, Ashok Leyland, Alkem Laboratories, Vodafone Idea, InterGlobe Aviation, Seamec.