A healthy long liquidation is always beneficial for a long bull run as market gurus are betting upon 12,500 and 13,000 respectively. The index was opened on a flat to negative note at 12,146.25 levels but started moving south as a mean reversion was expected by the market participants. The index made an intraday low of 12,017.40 levels. Most of the indices are trading in red while while realty stocks added 0.77%. Market Breadth is positive as 923 stocks are advanced while 800 stocks are trading in red. On hourly scale, the index is trading near the kissing distance of its potential 'Demand' zone that is placed in a narrow range of 12,011.76-12,044.65 levels. The index is holding its 89 hours (High-Low) Moving Average band. RSI is sensing support at 40 levels.