No one could deny the fact that Indian benchmark is trying hard enough to breach the psychological resistance of 12,000 levels but heavy Call Writing at psychological levels are acting as a strong barrier. The index was opened on a negative note at 11,987.15 levels and continued to trade lack luster but bounced back after sensing support from the primary trend line placed on hourly scale and trading near 11,980 levels. On indices upfront, sectors are trading mixed out of which realty stocks gained 2.37%. On hourly scale, the index has been bounced back after sensing support from trend line placed. The counter is trading above 50 hours Moving Average. Stochastic oscillator is on the verge of giving a bullish crossover.