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. If Nifty fails to hold above the Wednesday’s session low of 11,230, it may fall up to these levels. On the upside, the level of 11,300 is likely to act as an immediate resistance zone. Stocks in news: BHEL, Rane Madras, Cox & Kings, DHFL, Negogen Chemicals, Yes Bank.