Nifty is currently hovering close to a key resistance zone around 25100–25250. The charts of the top five Nifty stocks is also facing a notable resistance level. Given how Nifty is consolidating in this area, there’s a strong possibility of a sharp move in either direction soon. While you could say it’s just a gut feeling, I’m not inclined to recommend many trades at this moment. For now, we’ll wait for the trend to become clearer before making any significant moves. Until than, stay low on your positions.