The zone of 11,108-11,130 will be a crucial zone of the Nifty in the near term as it is the confluence of May month's swing low and the 200-DMA. On the upside, immediate resistance is placed around the 11,360 level. Stocks in news: Mahindra and Mahindra, PNB, Tata Motors, Speciality Restaurants, Tata Steel, Avenue Supermarts, Infosys, TRF.